Al Baraka Banks in Egypt and Pakistan increase cooperation in commercial transactions
Al Baraka Bank Egypt has announced the launch of a strategic cooperation platform with Al Baraka Bank Pakistan. This collaboration aims to facilitate commercial opportunities by improving communication between importers from both countries.
The initiative demonstrates the commitment of both financial institutions to strengthen bilateral relations and drive economic growth in their respective regions.
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The newly established platform is designed to enhance commercial interactions between the Egyptian and Pakistani markets. By leveraging the combined expertise of Al Baraka Bank Egypt and Al Baraka Bank Pakistan, the platform streamlines commercial transactions, opening new avenues for growth and expansion.
Hazem Hegazy, CEO and Vice Chairman of Al Baraka Bank Egypt, expressed his enthusiasm for the platform's launch. "This cooperation platform reaffirms our ongoing efforts to drive innovation and create value for our customers," Hegazy stated. "It also underscores our unwavering commitment to position Al Baraka Bank Egypt as a reliable financial partner."
The collaboration between Al Baraka Bank Egypt and Al Baraka Bank Pakistan reflects a shared focus on sustainable growth, leveraging digital development and strategic partnerships.
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This initiative follows the successful establishment of a similar cooperation platform between Al Baraka Bank Pakistan and Al Baraka Bank South Africa in September of last year. Plans are also in place to expand this model to include all Al Baraka Bank Group branches across 13 countries, further facilitating communication among Al Baraka Bank customers worldwide.
Source: https://menafn.com/