Case Study: Commercial International Bank Egypt boosts corporate banking efficiency with Finastra

Commercial International Bank Egypt cuts corporate transaction processing time from 2 days to 2 hours with Finastra

Commercial International Bank Egypt (CIB), the country's leading private sector bank, sought to enhance its digital corporate banking services to improve efficiency, maintain regulatory compliance, and win new customers. To achieve this, the bank partnered with Finastra to upgrade its existing platforms.

By implementing Finastra's FusionBanking Corporate Channels and FusionBanking Trade Innovation solutions, CIB Egypt launched new digital products and a unified online portal. The results were significant: Finastra's technology helped the bank shorten average transaction processing time from two days to two hours, increase automation of cash and trade transactions by 40% and 20% respectively, and reduce the average per-transaction cost by 40%.

Commercial International Bank Egypt