Banque Misr selects Atos to build Egypt’s first digital bank

Cairo, Egypt – February 24, 2021

Atos has been selected by Banque Misr, one of the largest banks in Egypt, to support its transformational journey to become the country’s first digital bank. Atos will deliver a trusted digital banking experience to customers, supporting the ambition of Banque Misr to appeal to a broad demographic, while enhancing its suite of international transactions services.

The contract will involve harnessing best-of-breed technologies from a variety of leading vendors to deliver a technology stack incorporating key digital banking elements such as digital customer platforms and channels, support systems, enterprise integration and data handling – all underpinned by a robust cybersecurity solution.

Atos was selected for its global financial services transformation and banking reinvention expertise, underlining its suitability in establishing a greenfield digital bank for Banque Misr. The contract will see Atos utilize its technology orchestration prowess and capabilities in operating hybrid and multi-technology application platforms to deliver what is a landmark digital transformation for Egyptian financial services.

Mr. Sherif Elbehery Misr Digital Innovation CEO: “With the appointment of Atos we can move forward with renewed confidence in our transformation journey as we deliver Egypt’s first digital bank. This launch will offer a trusted digital banking experience that better suits the modern requirements of customers and which we expect will benefit the wider economy, acting as a catalyst for renewed growth and investment across the country. We look forward to supporting our customers in the transition to digital banking.”

Ahmad Elharany, Head of Egypt, Atos: “We are pleased to have been selected for this pivotal role in the transformation of Banque Misr. Across the financial services industry, Atos has vast experience in the delivery of bespoke end-to-end technologies that are scalable, future-proofed, and that elevate customer Press release experience and service. We look forward to bringing this offer to Banque Misr and its millions of customers.”

According to Atos, customer experience, operational excellence, and trust and compliance sit alongside reinvention as banking transformation cornerstones with the company drawing on its global network of financial services digital and transformation practitioners in support of the contract with Banque Misr.

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Notes to Editors

Atos provides end-end transformation for the financial services industry. In 2019, Atos was positioned as a leader in wealth and asset management services as well as in robotic process automation and artificial intelligence services in banking, by global analyst firm NelsonHall.

About Atos

Atos is a global leader in digital transformation with 105,000 employees and annual revenue of over € 11 billion. European number one in cybersecurity, cloud and high performance computing, the group provides tailored end-to-end solutions for all industries in 71 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos operates under the brands Atos and Atos|Syntel. Atos is a SE (Societas Europaea), listed on the CAC40 Paris stock index.

The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

Press contact: adam.fisher@atos.net