• Al-Jarhi: We are committed to adopting the latest global technologies and providing a modern banking experience that keeps pace with the evolving aspirations and needs of our customers.

Cairo : MedBank, a leading provider of financial and banking services in Egypt, won the Best Bank in Digital Transformation in Egypt and the Excellence in Innovation Award for 2025 from the international magazine Global Banking & Finance Review .

This achievement comes in recognition of the bank's significant strides in providing institutional investment management services, especially after the launch of the T24 Core Banking System. It has also made significant progress in its digital transformation journey . MedBank is one of the first banks in Egypt to launch the Arrangements Architecture (AA) , an innovative approach aimed at developing product structuring and managing their operational cycle with high efficiency. MedBank is a pioneer in implementing and activating the Temenos Data Hub (TDH) in the Middle East and North Africa region, enabling real-time data flow. The Temenos Payments (TPH) deployment includes the provision of core banking services such as SWIFT , ACH , the Instant Payments Network (IPN) , and bulk payments .

Global Banking & Finance Review is one of the leading international media platforms specializing in financial news and analysis, distinguished by its high editorial quality in the financial sector .

Commenting on the bank's receipt of the two awards, Dr. Amr El Garhy, CEO and Managing Director of Medbank, said: "Medbank's receipt of the Best Bank in Digital Transformation and Excellence in Innovation awards reflects our unwavering commitment to adopting the latest global technologies and working to provide a modern banking experience that keeps pace with our customers' aspirations and meets their evolving needs."

He added: "At Medbank, we believe that innovation is no longer an option, but rather a necessity to achieve leadership and enhance competitiveness in the Egyptian market. This award comes as part of our ongoing efforts to improve our services in the field of digital solutions, including the prestigious Temenos Forward Award, which we received from Temenos, as Medbank is one of the leading banks in implementing the latest Temenos technologies in the core banking system."

It's worth noting that MedBank is implementing a new strategy focused on developing the bank's technological infrastructure by keeping pace with the latest banking systems, enhancing its product and service portfolio, and supporting small and medium-sized enterprises (SMEs). This strategy aligns with the Central Bank's plans to develop the Egyptian banking sector using the latest global banking technologies.

-I finish-

#Corporate Data

Disclaimer for the content of press releases
The content of these press releases is provided by a third-party provider. We do not assume any responsibility for, or have any control over, such content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither we nor our affiliates are responsible for the accuracy, endorsement, or completeness of the opinions, views, information, or materials contained in this content.
Press releases are provided for informational purposes only; the content does not imply legal, investment, or tax advice, or any opinion regarding the suitability, value, or profitability of any particular portfolio or investment strategy. We, or our affiliates, will not be liable for any errors or inaccuracies in the content, or for any actions you take based on such content. You expressly agree and acknowledge that you bear full responsibility for the use of the information contained in these press releases.
To the extent permitted by applicable law, Refinitiv, its parent, subsidiaries, affiliates, and their respective shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the “Refinitiv Parties”) will not be liable (either jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to: lost profits, lost savings or revenue, whether caused by negligence, tort, contract or other liability theories, even if the Refinitiv Parties have been advised of the possibility of any such damages and losses or had actually anticipated their occurrence.