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For the third year in a row
The British International Finance Corporation (IMF) grants The United Bank The best innovative digital banking channels Award for the year 2021
Cairo: March 29th, 2022
The British International Finance Corporation (IMF) announced that The United Bank won the award for the best innovative digital banking channels for the year 2021.
The award was received by Farag Abd El Hamid - Vice Chairman of The United Bank and Ahmed Helmy - Head of Information Technology Sector in a large annual ceremony held in The United Arab Emirates.
Commenting on the award that The United Bank received for the third year in a row, Ashraf El Kady - Chairman of The United Bank - says that The British International Finance Corporation award came to crown the continuous efforts of The United Bank's team, the efforts of The Central Bank and the Egyptian state's orientations towards transformation into a digital society by 2030 by providing the best digital banking solutions to meet the current and future needs of citizens through various channels.
El Kady expressed that UB relied on an important strategy, which is to prefer digital solutions made with Egyptian hands to their foreign counterparts. The minds of the Egyptian youth is capable of innovation and development in line with the financial solutions required by the local consumer. Rather, it became capable of providing global competitive solutions. He stressed the continuation of The United Bank's march towards discovering and evaluating innovations to provide innovative and qualified Egyptian solutions to lead the future and bring about change and development in the field of digital banking services.
Farag Abd El Hamid pointed out that the award is an international testimony to the success of The United Bank's strategy, which comes to enhance its ability to compete locally and globally and win international and local awards in the field of banking technology and specialized services provided to companies and individuals with high merit and efficiency. This type of digital services and solutions provided by the United Bank through its banking channels characterized by high flexibility and the ability to attract a large segment of society, especially the youth.
Farag Abd El Hamid explained that the IMF's selection of The United Bank was based on a number of strict international standards and a careful evaluation by a high committee composed of global experts in the field of electronic services, for the quality of banking and banking services and solutions provided by The United Bank to support its large customer base, whether for individuals Companies using modern technology.
Ahmed Helmy - Head of the Information Technology Sector at The United Bank indicated that The United Bank offers an innovative package of distinguished technological and digital services, such as Internet banking, mobile banking and digital bank wallet with high features. As well as the electronic payments service. As well as managing cash flow through the corporate Internet banking. As well as financial leasing and financing for small, medium and micro enterprises. In cooperation with I-Score, he presented real-time inquiry on creditworthiness and registration in the Movable Collateral Registry.
It is worth noting that the International Finance magazine is one of the largest media institutions specialized in the field of financial and business markets in the world, especially in emerging markets. The headquarters of the IMF is located in the British capital, London.
6 regional and international awards for The United Bank in the field of digital services