The Egyptian Banking Institute signs an agreement with Egyptian Banks Company

The Egyptian Banking Institute signs an agreement with Egyptian Banks Company

Cairo: Dr. Abdel Aziz Nossier, Executive Director of the Egyptian Banking Institute (EBI), the official training arm of the Central Bank of Egypt and Eng. Tarek Raouf Fayek, Managing Director and CEO of Egyptian Banks Company (EBC), the advanced payments network and domestic operator connecting consumers, businesses, merchants, and financial institutions, signed a memorandum of understanding to provide specialized training programs for the national payment ecosystem whose services are provided by EBC to offer a seamless interoperable payment experience. The ceremony has been attended by senior officials representing both companies.

The MOU comes in line with the strategic cooperation between EBI and EBC, with the purpose of providing training programs for member banks and financial institutions of the national payment ecosystem, where EBC will contribute specialized and technical material design whilst EBI will offer qualified trainers to conduct these training programs.

In this context, Dr. Nossier expressed his happiness saying; “Our partnership with Egyptian Banks Company is a step forward to support the financial technology sector by qualifying promising young cadres in this sector and supporting innovation in digital banking and financial services to contribute to providing a stimulating environment for the financial technology industry in Egypt.”

Speaking at the signing ceremony, Eng.