{"id":33313,"date":"2022-04-13T14:21:08","date_gmt":"2022-04-13T11:21:08","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=33313"},"modified":"2026-03-28T00:47:03","modified_gmt":"2026-03-27T21:47:03","slug":"banque-misr-in-egypt-automates-trade-finance-with-finastra","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/banque-misr-in-egypt-automates-trade-finance-with-finastra\/","title":{"rendered":"Banque Misr in Egypt automates trade finance with Finastra\u00a0"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\">Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers<em><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Dubai, UAE \u2013 April 13, 2022 \u2013\u00a0<\/strong><a href=\"http:\/\/www.finastra.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finastra<\/a>\u00a0today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected\u00a0<a href=\"https:\/\/www.finastra.com\/solutions\/fusion-trade-innovation\" target=\"_blank\" rel=\"noreferrer noopener\">Fusion Trade Innovation<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.finastra.com\/solutions\/corporate-banking\/digital-banking\" target=\"_blank\" rel=\"noreferrer noopener\">Fusion Corporate Channels<\/a>\u00a0to digitalize its trade finance services\u00a0and provide a premium user experience. The bank\u2019s team attended\u00a0<a href=\"https:\/\/www.finastra.com\/finastra-forum\">Finastra Forum<\/a>\u00a0\u2013 the company\u2019s flagship industry event in Dubai.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banque Misr also selected Finastra\u2019s partner, DataGear \u2013 a service provider for banking and financial services in Egypt \u2013 for the implementation of Finastra\u2019s solutions.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sayonara El Asmar, Banque Misr COO said, \u201cAs part of Banque Misr\u2019s digital transformation strategy, the bank is continuously optimizing different processes and offering diversified digital services to provide convenience and enhance service quality for our clients. With Finastra\u2019s solutions, the bank will streamline core processes&nbsp;related to trade finance activities and transform our legacy systems toprovide our corporate customers with an end-to-end digital experience.&nbsp;We look forward to the sustained growth of our corporate business relations and offering in collaboration with Finastra, to enhance the quality of our corporate services and achieve customer satisfaction.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800-1024x683.webp\" alt=\"Finastra Forum_Signing_Eric_ssict_1200_800\" class=\"wp-image-33315\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800-1024x683.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800-768x512.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800-1080x720.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2022\/04\/Finastra-Forum_Signing_Eric_ssict_1200_800.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Ahmed Essam, Head of Corporate Operations at Banque Misr said, \u201cWe selected Finastra due to the efficiency of its solutions and the team\u2019s commitment to our business. Its open development platform, FusionFabric.cloud, also gives us the opportunity to tap into a broader network of services. For us, Finastra is not just a company that sells software. Finastra is a valuable partner that is dedicated to our success.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Kamal El Khoury, Regional Sales Director at Finastra said, \u201cOur corporate banking solutions will help Banque Misr reduce human errors, unlock data analytics and comply with regulations at a reduced cost. Its corporate customers will benefit from a simplified self-service platform, where they can create real-time alerts using a common calendar, a personalized dashboard and utilize workflow tools \u2013 all while boosting security.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ahmed Diab, Country Manager \u2013 Egypt at Finastra said, \u201cBanque Misr is one of the leading national banks in Egypt, with a big market share of trade finance business in the region. Our competitive solutions will support its continued growth, by increasing customer retention and attracting new corporates through a sophisticated offering. We are delighted to be a long-term partner that is supporting Banque Misr\u2019s ongoing success.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers Dubai, UAE \u2013 April 13, 2022 \u2013\u00a0Finastra\u00a0today announced that Banque Misr, the second largest national bank in Egypt with international presence, has selected\u00a0Fusion Trade Innovation\u00a0and\u00a0Fusion Corporate Channels\u00a0to digitalize its trade finance services\u00a0and provide [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":33314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-33313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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