Written by Delisha Fernandes
today
- account management
- Banking automation
- digital platform
Ebdaa Bahrain Microfinance Company has signed a cooperation agreement with MFSYS Technologies Limited, a global provider of bank automation and digital software solutions specifically designed for the microfinance and banking industry.
The objective is to fully digitize all banking services the company offers to individuals and small business owners, strengthening its digital transformation strategy and marking a significant move in providing innovative and seamless banking services. The company aims to enhance the overall digital experience of its customers. .
Khalid Al Ghazawi Ebdaa Bahrain Microfinance CEO “This collaboration is a pivotal step in our continued efforts to improve the overall customer experience. By accelerating the development of banking products and services, we will strengthen our competitiveness and We aim to foster inclusion and expand our reach to a wider customer base. Through microfinance innovation, we empower individuals to launch projects, thereby increasing their impact on job creation and We aim to support the GDP of the Kingdom of Bahrain.”
Pursuant to the agreement between the two companies, Ebdaa plans to intensify its expansion efforts through the digitalization of microfinance services. The company aims to provide a secure and efficient multi-channel digital platform that allows customers to easily access online services anytime and anywhere.
MFSYS Technologies offers integrated digital services including account management, loan applications, electronic payment options for loan repayment and servicing, loan application tracking, reporting, certificates and account statements, and a variety of other modern, cutting-edge digital services. We contribute by providing transformational systems. .
Mr. Ali Ahmed, CEO, MFSYS Technologies Limited“We are pleased to declare a strategic partnership with Ebdaa Bahrain, a renowned microfinance company. Leveraging our decade-long expertise and capabilities, we will strengthen Ebdaa’s digital empowerment and expand the bank’s We are committed to improving the efficiency of our services. This aligns seamlessly with our vision of empowering microfinance institutions in the Middle East and solidifies our position as a leading provider of digital transformation solutions. .”
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