Cairo, Egypt: Mastercard announced its collaboration with Commercial International Bank - Egypt (CIB), the largest private sector bank in Egypt, to promote digital payments innovation and expand access to financial solutions in the Egyptian market.

As part of this collaboration, Mastercard is supporting Commercial International Bank – Egypt (CIB) across various aspects of core digital payments and card issuance, enabling it to deliver secure, seamless, and efficient payment experiences for consumers, businesses, and merchants. Through its advanced technologies, global network, and consulting expertise, Mastercard is also contributing to the bank's deep market understanding and enabling it to reach its customer base, thereby enhancing the development and efficiency of digital payments and facilitating access to modern payment solutions.

Islam Zakaria, Group Chief Financial Officer, Chief Operating Officer and Executive Board Member at Commercial International Bank - Egypt (CIB), stated: “This collaboration underscores our commitment to expanding access to credit, enhancing digital innovation, and delivering a superior banking experience for our customers. By combining technology with a deep understanding of customer needs, the bank continues to launch solutions that improve efficiency, strengthen security, and support financial inclusion across Egypt.”

Adam Jones, Executive Vice President and Head of West Africa at Mastercard, said: “As digital payments continue to grow in Egypt, this collaboration remains a cornerstone for building integrated and flexible payment systems. Mastercard’s continued partnership with Commercial International Bank reflects its role in supporting financial institutions with reliable technologies and insights that meet the needs of both consumers and businesses.”

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