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ABK-Egypt and MasterCard announce strategic collaboration to support digital innovation in Egypt

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The Kuwaiti People ' s Bank - Egypt and MasterCard announced strategic cooperation aimed at promoting advanced digital payment solutions for individuals and companies.

This cooperation supports the role of MasterCard as a trusted adviser to the Bank and contributes to the development of digital solutions provided by the Bank to its cardholders in Egypt.

Within the framework of joint cooperation, it will be provided MasterCard for the Kuwaiti civil bank. Egypt is a set of advanced digital solutions to facilitate payment processes and raise safety levels; consumers and companies will be able to operate their financial transactions easily.

Digital shift

Khalid Al-Sulawi, Executive Chairman and delegated member of the Kuwaiti Bank, Egypt, commented on this cooperation: we are pleased to cooperate with Masterkard, our trusted partner in the Bank ' s digital transition, which will allow us to expand our services to meet the needs of different groups of society, provide innovative solutions that will ensure a smooth and secure banking experience and support Egypt ' s vision of a transition to a non-cquit society.

Bank retail sector

Iman El Aisi, head of the banking retail sector of the Kuwaiti bank -- Egypt, said that our clients would benefit directly from the new digital potential and added value of this cooperation with MasterCard, thus ensuring a secure and easier banking experience, and would strengthen the Bank ' s position in a highly competitive market.

Mohammed A ' ad, Director-General of Mastrakard of Egypt, Iraq and Lebanon, stated that we are proud of our joint efforts with the Kuwaiti People ' s Bank -- Egypt to promote access to secure digital financial solutions, and that Mastracard is committed to empowering its partners through reliable techniques that support sustainable growth in the Egyptian digital economy.

Read also: KFH-Egypt achieves outstanding business results by the end of September 2025

The Kuwaiti Community Bank -- Egypt and MasterCard -- are firmly committed to the development of innovation and financial inclusion throughout Egypt, reflecting the role of such strategic cooperation in building a comprehensive payment system that is conducive to community development.

Read also: NBE to manage 33 financing deals worth EGP 442.3 billion in 2025

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