Cairo, March 12, 2025: MIDBANK has announced the signing of a long-term partnership agreement with Visa, the global leader in payment technology and digital solutions. This agreement allows MIDBANK to offer the latest digital payment technologies to meet customer needs and provide innovative products and services that cater to various segments. The partnership aims to enhance digital solutions with advanced and competitive features, aligning with the country’s strategy to achieve comprehensive digital transformation and promote electronic payment systems.
This collaboration aligns with MIDBANK’s strategy to drive digital transformation by supporting the transition to a less cash-dependent society and enabling customers to conduct all banking transactions conveniently and securely. It represents a strong model of cooperation between leading institutions like MIDBANK and Visa to promote financial inclusion and expand the adoption of electronic payments.
In this context, Dr. Amr El Garhy, CEO and Managing Director of MIDBANK, expressed his delight in partnering with Visa. He stated: “We are pleased to collaborate with Visa, the global leader in digital payments. This partnership aligns with the bank’s comprehensive development strategy, as MIDBANK is committed to supporting digital transformation efforts, which are a cornerstone of Egypt’s economic growth. The bank remains dedicated to advancing digital transformation by providing innovative technological solutions that facilitate financial transactions and enhance access to banking services. Strengthening this approach is one of MIDBANK’s top priorities.”
Omnia Shaheen, Head of Retail Banking at MIDBANK, emphasized the importance of providing innovative and secure payment solutions that allow customers easy access to electronic payment services. She explained that MIDBANK strives to offer diverse banking solutions that keep pace with technological advancements and meet the needs of all community segments, enhancing the bank’s ability to reach a broader customer base and effectively support financial inclusion. She added: “This partnership with Visa is a new step toward achieving progress in financial inclusion and digital transformation, reinforcing our ability to contribute to a more inclusive and sustainable digital economy in Egypt.”
Malak El Baba, General Manager of Visa Egypt, highlighted that this partnership aligns with Visa’s strategy to support its partners by offering the latest payment innovations that meet customers’ increasing expectations for advanced, seamless, and secure products. She added: “This collaboration reflects our commitment to providing exceptional solutions that drive a comprehensive and sustainable digital economy. It also aligns with Egypt’s rapid progress in financial technology and the country’s push toward a cashless society, supported by the government, the banking sector, and fintech companies.”
It is worth noting that MIDBANK is committed to strengthening its presence in the Egyptian banking market by offering comprehensive banking products, distinguished financing programs, and innovative services targeting various customer segments. The bank also continues its expansion plans by opening new branches across different governorates.
