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Banque Misr and Misr El Kheir Foundation Sign Protocol to Digitize Supplier Payments
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Banque Misr and Misr El Kheir Foundation Sign Protocol to Digitize Supplier Payments
Banque Misr has signed a cooperation protocol with Misr El Kheir Foundation to digitize the foundation’s financial operations and expand digital payment solutions.
- Banque Misr CEO Hisham Okasha and Misr El Kheir Foundation Board Chairman Dr. Ali Gomaa signed the protocol in the presence of officials from both institutions.
- The protocol includes digitizing the foundation’s supplier payments through banking and digital solutions, and opening bank accounts for beneficiaries to integrate them into the formal financial system.
- The agreement also covers digitizing the donation system by providing secure electronic payment solutions, with the stated aim of improving collection efficiency.
- Okasha said the protocol aligns with the bank’s strategy to expand innovative digital banking services and enhance financial inclusion for civil society organizations.
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