Commercial International Bank (CIB), Egyptโs largest private-sector bank, and Mastercard have officially renewed their strategic partnership. This collaboration aims to accelerate digital commerce innovation, elevate ecosystem efficiencies, and broaden access to advanced financial solutions for both consumers and businesses across the region.
Key Partnership Objectives
- Enhanced Card Issuance & Capabilities: Leveraging Mastercardโs global payment infrastructure to deliver secure, frictionless, and advanced card solutions.
- Driving Financial Inclusion: Integrating customer centricity with scalale financial technology to expand credit access and secure banking across Egypt.
- Ecosystem Resilience: Deploying Mastercardโs advisory expertise and advanced tech network to strengthen the broader digital economy.
Leadership Perspectives
Islam Zekry, Group Chief Finance and Operations Officer and Executive Board Member, CIB stated “This collaboration underscores our commitment to expanding access to credit, advancing digital innovation, and providing our customers with a superior banking experience. By combining technology with a strong understanding of customer needs, CIB continues to introduce solutions that drive efficiency, strengthen security, and support greater financial inclusion across Egypt.
Adam Jones, EVP, Division President, West Arabia, Mastercard stated “As digital transformation continues to scale across Egypt, collaboration remains essential to building an inclusive and resilient payment ecosystem. By combining CIBโs deep market expertise with Mastercardโs global network, technology, and insights, we are enabling more seamless and accessible payment experiences that support consumers, businesses, and the broader financial ecosystem.”
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