Suez Canal Bank aims to provide best electronic services in Egypt

Hussein Refaie, Chairperson and Managing Director of Suez Canal Bank, said that the bank’s strategy aims to turn it into the strongest banking institution providing electronic services in the Egyptian market.

In an exclusive interview with Daily News Egypt, Refaie affirmed that the bank attaches great importance to financing the corporate sector and major projects, whether national or investment ones with economic feasibility, in a way that serves the national economy and provides job opportunities.

What are the main features of the bank’s business plan for this year?

During the coming years, the strategy aims to move the bank towards a new stage, by focusing on expanding investment bank services, non-banking financial services, and supporting the small and medium enterprises sector and the retail banking sector to enhance the concept of financial inclusion. This will be done while continuing to focus on supporting and financing major companies, and adopting a focus on digital transformation within the framework of the directions of the state and the banking sector.

We also seek to expand electronic banking activity, so that the bank will be one of the strongest banking institutions that provide all electronic services or government payments to its customers, and attract a new segment of young people that rely on electronic transactions.