By Ahmed Ali & Sayed Badr
Egypt’s Faisal Islamic Bank said Sunday it had completed upgrading its information technology infrastructure and systems during April.
Accounting firm Ernst & Young has conducted the studies on modernising Faisal Islamic Bank’s technology infrastructure; while ITS had performed the upgrade process for the bank, said Raafat Mokbel – the Egyptian bank’s Executive Chairman Assistant – on Sunday.
The bank has spent around 70 million Egyptian pounds ($4 million) on reforming its information technology systems, Mokbel further told Amwal Al Ghad.
The technology upgrade process has included banking security system to safeguard clients' accounts against hacks, Mokbel said.
© Copyright Zawya. All Rights Reserved.