NBK-Egypt launches new corporate banking solution
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the Gulf Region; it is considered the largest financial institution in Kuwait
Doaa A.Moneim , Monday 19 Apr 2021

A NBK Branch in Egypt’s New Cairo Photo Courtesy of NBK Facebook
Tweet
The National Bank of Kuwait (NBK-Egypt) has launched an SAP corporate banking solution, in partnership with MDSap, an expert in SAP’s omnichannel banking solutions in order to digitalise corporate business online operations and build lasting customer relationships, the bank announced on Monday.
“Powered by SAP Omnichannel Digital Business, an extendable distinct banking platform, NBK-Egypt enables small business and large companies to check balances, make online payments, transfer money between accounts, have better cash positioning and forecasting, along with instant trade facilities and approvals. Our ultimate goal is helping businesses to digitally manage cash flow as part of their day-to-day operation”, said Amr El-Alfy, the chief business officer at NBK-Egypt.
The NBK was founded in 1952 as the first indigenous bank and the first joint-stock company in Kuwait and the Gulf Region; it is considered the largest financial institution in Kuwait.
In 2007, the NBK acquired Al-Watany Bank of Egypt (AWB) to start operations in Egypt for the first time, which marks a new milestone in the regional expansion of NBK.
After the acquisition in 2007, the NBK kept the bank’s name as AWB, only adding “A Subsidiary of NBK Group” to the logo, until mid-2014 when the bank’s name and logo changed to NBK.
The NBK was also named among the Global Finance's list of the 50 safest banks in the world for the fourteenth consecutive time.
Search Keywords:
NBK-Egypt-
banking solution-
SAP-
Short link:
 
Recommended by
Latest
00:56 Ahly's Mosimane says Cairo derby draw was fair, asks for 'protection' from hectic.....
00:42 We were the better side in Cairo derby, says Zamalek coach Carteron
00:07 Israeli-Palestinian violence must 'stop immediately': EU
23:32 Egyptian Premier League results & scorers (21st matchday)
23:29 RELIVE: Ahly v Zamalek (Egyptian Premier League)
22:57 Spain La Liga results & scorers (35th matchday)
22:53 English Premier League results & scorers (35th matchday)
22:27 EGX chief, CPYP delegation discuss cooperation on financial awareness
22:00 US military ship fires 30 warning shots after encounter with Iranian vessels
21:13 WHO says virus strain in India a 'variant of concern' as Europe eases curbs
19:57 Cavani extends Man Utd contract to 2022
19:54 Huge blaze in Al-Aqsa mosque compound: AFP
18:34 UEFA has issues with CL switch to London, Porto a backup
18:10 UN Security Council meets on Jerusalem but holds off on statement
17:50 Flick has agreed German national team deal: report
17:34 Rockets fired from Gaza towards Israel: AFP
17:28 Over 300 wounded in Israel's crackdown on Palestinians at Jerusalem's al-Aqsa.....
16:34 Afghan Taliban announce 3-day cease-fire for Muslim holiday
16:11 Koeman promises Barcelona will keep fighting for title
15:35 African players in Europe: Salah, Mane finally combine for goal
14:21 Egypt’s current account deficit jumps to $7.6 bln in 1H of FY2020/21, FDIs fell.....
14:20 Germany to make J&J’s COVID-19 vaccine available to all adults
14:10 Czech playmaker Provod to miss Euro with knee injury
14:09 A month before Euro 2020, uncertainty off the pitch and on
14:03 South Africa warns of 'vaccine apartheid' if rich countries hog shots
13:28 UEFA meeting with British government on CL final at Wembley
13:25 30 dead after boat capsizes in Nigeria
13:24 UN says 5 migrants drowned; over 700 intercepted off Libya
13:24 Iran protests Iraq over raid on diplomatic site
13:17 Egypt's hot spell to break during Eid Al-Fitr holiday
Readers Picks
Most Viewed
1. English Premier League results & scorers (35th matchday)
2. RELIVE: Ahly v Zamalek (Egyptian Premier League)
3. Spain La Liga results & scorers (35th matchday)
4. Huge blaze in Al-Aqsa mosque compound: AFP
5. Death toll from Israeli strikes on Gaza rises to 20: Hamas
6. US committed to helping reach win-win outcome in GERD issue: US envoy tells Ethiopian officials
7. PHOTO GALLERY: Crackdown on Jerusalem
8. Egyptian Premier League results & scorers (21st matchday)
Ahram online
© 2010 Ahram Online.
Find us on Google+Find us on facebookFind us on twitter
HomeEgyptBusinessOpinionWorldArts & CultureSportsLife & StyleHeritageBooksAnalysisFolkMultimedia