EGBANK, a financial institution based in Egypt, has partnered with Mastercard to improve financial accessibility, promote the use of digital payments, and extend its card portfolio to include new customer segments.
Under the agreement, Mastercard will assist EGBANK in developing its range of debit, credit, and commercial cards, providing customised financial solutions with additional benefits.
Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon at Mastercard, said:
“We are thrilled to join forces with EGBANK to support the development of the bank’s card portfolio, and expansion strategy. This collaboration underscores our joint commitment to driving the growth of the digital payment ecosystem unlocking new opportunities for sustainable financial empowerment.”
Yasmeen Galal, Head of Consumer Banking and SMEs at EGBANK, commented:
“This collaboration enables us to offer seamless and rewarding financial solutions that meet the evolving needs of today’s consumers while driving long-term growth and innovation in Egypt’s financial landscape.”
Through this initiative, EGBANK seeks to broaden its customer base.
The bank currently offers a variety of services to individuals, businesses, and corporations, including digital options such as mobile and internet banking that allow customers to carry out transactions remotely.
Featured image credit: Mastercard
