By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
    TikTok updates its community guidelines
    March 23, 2023
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
    March 23, 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
    March 23, 2023
    EFG Hermes records EGP 11bn revenue in FY22
    EFG Hermes records EGP 11bn revenue in FY22
    March 23, 2023
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    Egyptian Environment Minister discusses cooperation with WFP representative in Cairo 
    March 23, 2023
  • Politics
    PoliticsShow More
    Egypt's Health Minister discuss bilateral cooperation with an Italian delegation 
    Egypt’s Health Minister discuss bilateral cooperation with an Italian delegation 
    March 23, 2023
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    Egypt’s foreign minister phones Algerian counterpart over boosting ties
    March 22, 2023
    Turkish President  Recep Tayyip Erdoğan and Egypt President Abdel-Fattah Al-Sisi met in Doha
    Opinion| Türkiye and Egypt: For better times with many opportunities
    March 22, 2023
    Drought caused 43,000 deaths in Somalia in 2022: UN
    Drought caused 43,000 deaths in Somalia in 2022: UN 
    March 22, 2023
    Opinion| The Chinese dragon occupies America's place in the Middle East
    Opinion| The Chinese dragon occupies America’s place in the Middle East
    March 22, 2023
  • Interviews
    InterviewsShow More
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    Government should help Egyptian arts revive its pioneering role: Omar Abdel Aziz
    March 15, 2023
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    Interconnected healthcare systems in Africa require political will from North African leaders: Amref official
    March 12, 2023
    EGX ready for government’s IPOs programme: Chairperson
    EGX ready for government’s IPOs programme: Chairperson
    February 15, 2023
    British International Investment invests $4.5bn in 700 businesses across Africa: Sherine Shohdy
    February 15, 2023
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    Valeo has invested around €0.5bn in Egypt over the past 10 years: CEO
    December 27, 2022
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: saib Bank launches new online services for individual customers
Share
Notification
Latest News
Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
EFG Hermes records EGP 11bn revenue in FY22
EFG Hermes records EGP 11bn revenue in FY22
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Banking > saib Bank launches new online services for individual customers
Banking

saib Bank launches new online services for individual customers

Daily News Egypt
Last updated: 2020/12/15 at 2:03 AM
By Daily News Egypt 3 Min Read
Share
SHARE

saib Bank launched new online banking services for individual customers, which comes in line with the bank’s ambitious plan of digital transformation.

Amr Atallah, Deputy Managing Director for the business and operations sectors of the bank, said that financial technology has contributed to maximizing the digital transformation trend, which has resulted in a radical change in banking patterns, as well as enhancing efforts to achieve financial inclusion. It has also reduced time and effort of performing banking services and increased their efficiency.

Atallah stressed that the increasing trend towards digital transformation and the acceleration of digital innovations and financial technology in the financial sector represents a new challenge for banks. This makes it imperative for banks to keep pace with digital development as operational risks must be identified, as well as ways to reduce them, and users of this technology must be protected.

Moreover, Amr Noseir, Head of Retail Banking Group, Branches and Distribution Channels at saib Bank, said that saib has a technological base that is highly developed and modernized, with professionals managing it, responding and serving customers in all aspects, via the Internet at home and abroad. He pointed out that the new version of Internet banking service is simple, easy and safe.

He explained the work stages that started from studying the needs of current and new customers, as well as reviewing the nature of global and local banking technology applications to ensure that they start from where others have ended.

Mohamed Ali, head of digital banking and innovation at the bank, said that the bank is always working on the quality of services it provides to customers, as part of its firm commitment to developing digital products and services.

He explained that one of the most important features of the new version is facilitating all types of transfers. This includes making transfers between the same customer’s accounts, transferring to other accounts inside and outside the bank, issuing savings certificates and linking bank deposits, as well as transferring to electronic wallets of other banks, passing international financial transfers, paying credit card dues and other numerous services that will lead to an improvement in the level of services in general.

You Might Also Like

IFC partners with Egypt’s CIB in managing climate risk, boosting sustainability

CIB general assembly approves issuance of financial instruments worth $1bn 

DNE Awards honours CIB as Most Efficient Egyptian Bank

AUB Egypt records 73.6% growth in consolidated net profit to EGP 2.04bn in 2022

CBE approves rules governing payment card service codes

TAGGED: individual customers, online services, SAIB Bank
Share this Article
Facebook Twitter Email Print
Previous Article Egypt’s Minister of Planning and Economic Development, Hala El-Said, has participated in a conference, entitled "Major Global Transformations: Future Prospects for the Egyptian Economy", organized by the Faculty of Economics and Political Science at Cairo University. Structural reforms aim to diversify Egypt’s economy, increase flexibility: Minister of Planning
Next Article Hanan Motawie: Growing up in artistic family and creating her own legacy in TV show industry
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with Oracle and Walmart has been extended from Nov. 12 to Nov. 27, according to the U.S. District Court for the District of Columbia.
TikTok updates its community guidelines
Business
Strong representation of women in TV series of Ramadan 2023
Strong representation of women in TV series of Ramadan 2023
Culture Cinema
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
IFC to invest in Mediterrania Capital Partners’ fund to support African mid-cap businesses
Business
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Sukari gold mine’s production reaches 5.2 million ounces with $7.5bn revenues in February 2023
Business
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?