Suez Canal Bank has signed a tripartite cooperation protocol with eHealth and eAswaaq—both affiliates of eFinance Investment Group—with the aim of supporting and developing Egypt’s healthcare sector by providing integrated financing solutions and accelerating digital transformation.
The agreement was signed by Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, and Ibrahim Sarhan, Chairperson of eFinance Investment Group for Financial and Digital Investments, in the presence of Shehab Zidan, Deputy CEO and Managing Director, along with a number of executives and SME representatives from the bank.
This partnership comes as part of Suez Canal Bank’s strategy to expand its role in financing vital sectors, particularly healthcare, by offering innovative financing models that integrate technological solutions. The initiative aligns with the state’s direction towards building a fully integrated digital healthcare system and supports the broader objectives of Egypt Vision 2030.
The cooperation also reflects the bank’s ongoing efforts to support priority productive and service sectors, strengthen its role in financing small and medium-sized enterprises (SMEs), and expand access to banking services, in line with the directions of the Central Bank of Egypt.
Under the agreement, Suez Canal Bank will act as the financing partner, providing funding to healthcare providers to support expansion and infrastructure upgrades. eHealth will serve as the technology solutions provider, leveraging its expertise to deliver advanced digital systems, while eAswaaq will act as a marketing and distribution channel by utilising its platform and sales teams to attract clients and refer them to the bank to meet the required financing conditions.
The financing packages will include the cost of subscribing to “Clinic Plus,” a fully integrated cloud-based system developed by eHealth for managing medical facilities. Under this model, the bank will pay the subscription cost directly to eHealth, enabling healthcare providers to access financing that incorporates digital solutions without additional financial burden.
The cooperation also предусматриes the integration of the “Clinic Plus” platform into the financing structure, allowing clients to adopt advanced digital systems seamlessly. The platform supports the nomination of eligible clients, accelerates evaluation and approval processes, and enhances operational efficiency and service quality across healthcare facilities.
“Clinic Plus” offers a comprehensive digital solution for managing the daily operations of medical facilities, including performance monitoring, data analysis, and decision-support tools. It is designed to improve patient experience, optimise resource utilisation, and enable more efficient and data-driven management.
In this context, Akef El Maghraby said the bank is committed to expanding strategic partnerships that support vital sectors, noting that this cooperation reflects Suez Canal Bank’s direction towards providing integrated and flexible financing solutions that facilitate digital transformation in healthcare. He added that linking financing with technological solutions represents a new model that accelerates procedures and enhances the bank’s ability to meet client needs efficiently.
For his part, Ibrahim Sarhan said the partnership represents a fully integrated model of cooperation between fintech institutions and the banking sector to drive digital transformation in healthcare. He noted that, through eHealth, the group provides advanced digital solutions that enhance the management efficiency of medical facilities and improve the quality of healthcare services.
Sarhan added that the cooperation with Suez Canal Bank will help expand the adoption of the “Clinic Plus” platform by offering innovative financing mechanisms that support the wider rollout of digital solutions, in line with the state’s vision for a digital healthcare system.
Shehab Zidan stated that the partnership reinforces the bank’s role as a key enabler of digital transformation in vital sectors, particularly healthcare. He explained that the bank aims to move beyond traditional financing by offering integrated solutions that combine funding with technology adoption, creating tangible added value for clients and contributing to improved operational efficiency and service quality.
Omar Nasser, Head of SMEs at Suez Canal Bank, said the cooperation is part of the bank’s strategy to support the SME sector, particularly in the medical field, which is witnessing strong growth potential. He noted that the partnership will provide tailored financing solutions for clinics and medical centres, whether for expansion, equipment upgrades, or digital transformation. He added that it also offers an effective mechanism to reach new clients through partners while simplifying and accelerating financing procedures, thereby enhancing the sustainability and growth prospects of these businesses.
Akram Reda, CEO of eHealth, explained that “Clinic Plus” is designed with doctors’ needs at its core, offering an integrated cloud-based platform that enables comprehensive management of medical facilities. He highlighted its analytical capabilities, which support informed decision-making, improve patient experience, and enhance operational efficiency.
Meanwhile, Adel Mubarak, CEO of eAswaaq Egypt, said the partnership reflects eFinance Group’s vision to empower vital sectors through advanced technology. He noted that, through its digital infrastructure, eAswaaq supports financial institutions in delivering efficient saving and lending services, enabling healthcare providers to expand and grow.
Mubarak added that “Clinic Plus” represents a significant step towards advancing financial inclusion and digital transformation in the healthcare sector, helping to broaden access to innovative financial solutions and support the long-term development of healthcare services in Egypt.
