NBE and Mastercard Launch USD Corporate Debit Card for Egyptian Businesses
The National Bank of Egypt (NBE) has partnered with Mastercard to launch a USD corporate debit card, aimed at facilitating cross-border transactions for businesses in the country. The product is intended to support both large corporations and SMEs by enabling them to make international payments denominated in US dollars through Mastercard’s global network. Soha El Turky, NBE deputy CEO, emphasized that this collaboration represents a significant step toward empowering Egyptian enterprises and enhancing their participation in the global economy. Mohamed Assem, Mastercard's country manager for Egypt, Iraq, Lebanon, and Syria, highlighted how inclusive commerce supports sustainable economic growth by providing businesses with secure tools to operate internationally. The USD Corporate Debit Card is now available at NBE branches across Egypt.
Tickers: $MA