• The I-Sign service encompasses a wide range of forms and documents, including those related to cash flow management, foreign trade operations, securities products, and corporate Internet banking subscriptions.
• Bahaa El-Shafie, Deputy Chairperson, highlights the service’s time efficiency, catering to businesses of all sizes. This initiative aligns with the bank’s vision of digitizing various banking products for enhanced efficiency.
• Banque du Caire is the first bank to integrate electronic signatures in various banking documents, showcasing its commitment to technological leadership.
Banque du Caire announced it introduced I-Sign, an electronic signature service, for its corporate and institutional clients, according to media reports.
Tarek Fayed, Chairperson and CEO of Banque du Caire, highlights the significance of this advancement, aligning with the state’s vision of a digital economy and the bank’s expansive digital transformation initiatives.
The move establishes the bank as being the first to incorporate electronic signatures in various banking documents.
The scope of the service includes forms and documents related to cash flow management services, foreign trade operations, securities products, and subscription forms for the corporate Internet banking service.
Bahaa El-Shafie, Deputy Chairperson, emphasizes the service’s time efficiency, catering to businesses of all sizes, and supporting the bank’s vision of digitizing various banking products.
Osama El-Naggar, Head of the Global Transactions Banking Group, outlines the benefits for corporate clients, including secure electronic document authentication and submission with high privacy standards. Additionally, Banque du Caire proudly announces its acquisition of the ISO 27001 certificate, affirming its commitment to top-tier information security standards.
The certification underscores the bank’s dedication to safeguarding sensitive information through a systematic framework that addresses cyber threats.
Amr Oshba, Chief Information Security Officer, clarifies that the ISO 27001 certification is part of the bank’s ongoing commitment to implementing robust information security strategies. The bank proactively addresses cybersecurity challenges, ensuring the continual enhancement of cybersecurity practices amid evolving security landscapes.
The Central Bank of Egypt has published its strategy for financial inclusion during the period 2022-2025. The strategic report details the approach used to craft the financial services survey, conducted on a representative sample that includes consumers and medium, small, and micro enterprises across both formal and informal sectors.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.