ArabFinance: Banque Du Caire (BQDC) launched internet banking services for corporates after it obtained a license from the Central Bank of Egypt, Ahram Gate cited a press release.

The new addition aims to increase reliance on digital banking services to facilitate transactions for companies, the bank noted.

It added that the move comes as part of its integrated development plan to offer the best service to its clients.

Bnque du Caire has a goal of reducing the dependency on cash as well as supporting the state’s financial inclusion plan, the bank’s Executive Vice Chairman Amr el Shafei commented.

Earlier this year, the financial institution announced developing 10 branches in addition to its plans to open the first digital branch in the bank’s history.

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