Mastercard and Arab African International Bank enter a strategic long-term partnership

Mastercard and Arab African International Bank enter a strategic long-term partnership

- The partnership will drive AAIB digital transformation strategy and focus on delivering cutting-edge payment solutions that cater to the increasing consumer demand for convenient and safe digital payment methods

Cairo, Egypt – As part of its effort to accelerate digital transformation in Egypt’s financial ecosystem, Mastercard announced a strategic long-term partnership with Arab African International Bank (AAIB).

Through this partnership, Mastercard and AAIB will focus on the planning and execution of AAIB digital transformation strategy as well as delivering cutting-edge payment solutions that cater to the increasing consumer demand for convenient and safe digital payment methods.

The signing ceremony was held in presence of Haytham El Maayergi, AMD- Group Chief Operating &Transformation Officer at AAIB; Dina Zikry, Head of Consumer Banking and Financial Inclusion at AAIB; Khalid Elgibali, Division President, Middle East, and North Africa at Mastercard; Adam Jones, Country General Manager, MENA Central at Mastercard; and other prominent figures from both parties.

“Our long-term partnership with Mastercard will enable us to bring innovative payment solutions to more customers across Egypt,” said Haytham El Maayergi, AMD- Group Chief Operating &Transformation Officer at AAIB. “This agreement reflects our strategy and our commitment to develop products and solutions that meet the diverse needs of our