Dubai-based Network International (Network) has extended its ongoing partnership with the Egyptian Gulf Bank (EGBANK) to transform the bank’s ATM acquiring service.
“We are thrilled to enter a new phase of growth through the strategic partnership with Network International. Using Network’s expertise, we are shaping the market with new products and services that will facilitate our digital payment transformation, offering an elevated experience for our customers and emphasising our pivotal role in the Egyptian financial market,” said Hossam El Sholkamy, Deputy CEO of EGBANK.
The partnership is a significant milestone in enhancing the banking experience for EGBANK’s customers and enabling the bank’s digital transformation with innovative solutions.
The collaboration will leverage Network’s expertise to enhance EGBANK’s competitiveness in the Egyptian market.
“Implementing Network’s innovative solutions underlines the bank’s impact in the Egypt market by providing superior payment experiences. We look forward to capturing the opportunities that lie ahead and achieving new heights of success by working together,” said Dr. Reda Helal, Group Managing Director – Processing, Africa & Co-Head Group Processing at Network International.
The alliance is expected to strengthen the payments firm’s existing partnership with EGBANK with the introduction of payment technology and innovative solutions to boost consumer trust and convenience.
EGBANK opened a new branch in Almaza in January, bringing the number of its branches in the country to 62 and 121 ATMs.
