Arab Financial Services (AFS) signed a strategic agreement with Mediterranean Bank to support its USD international card program. Through this collaboration, AFS will deliver comprehensive card processing and sponsorship services, driving the expansion of advanced payment technologies and services in Libya.
This partnership opens the door for further collaboration to drive innovation and enhance the payments landscape, introducing new technologies and providing customers with secure, seamless payment solutions.
AFS CEO, Samer Soliman, expressed his enthusiasm for the partnership, stating: ‘We are delighted to collaborate with Mediterranean Bank to introduce innovative payment solutions to Libya. This strategic alliance aligns with AFS’s mission to empower financial institutions in the region with advanced technology and seamless services. By leveraging Mediterranean Bank’s international USD card program, we aim to foster a robust and flexible payment ecosystem for Libyan consumers.”
Mediterranean Bank Assistant General Manager Mohammed Ben Omran, added: “Our partnership with AFS represents an important milestone in Mediterranean Bank’s journey to bring modern financial services to our customers. By leveraging AFS’s expertise, we look forward to introducing new payment technologies that will enhance the financial experience for our clients, while laying a foundation for further innovation and growth in Libya’s payments sector.”
As both organizations look toward future initiatives, this collaboration will pave the way for greater technological advancements, benefiting businesses and individuals across Libya.
