Banque du Caire and Fawry Win “Best Financial Institution Deal – Egypt” at Euromoney Awards 2025

Banque du Caire and Fawry, Egypt’s leading fintech company, celebrated winning the “Best Financial Institution Deal – Egypt” at the Euromoney Awards for Excellence 2025 (Transaction Banking). The award recognizes the pioneering collaboration between the two institutions in developing and innovating a distinguished product for digital payments and cash flow management, supporting digital transformation and significantly enhancing financial operations efficiency.

The accolade crowns the successful execution of an outstanding transaction, where Banque du Caire acted as Fawry’s “Cash Management Bank”, providing tailored solutions to meet the company’s needs. These solutions enabled effective cash flow management and comprehensive digitization through integration between Fawry’s systems and the bank’s infrastructure. Additionally, the initiative enhanced cash collection methods and streamlined operational expense payments using advanced digital payment tools.

On the occasion, Bahaa El-Shafie, Executive Vice President of Banque du Caire, stated that the award reflects the bank’s commitment to developing an advanced banking ecosystem based on innovation and modern technology, delivering efficient solutions to clients. He emphasized that the achievement exemplifies the bank’s efforts to support and empower digital transformation in Egypt.

Meanwhile, Osama El-Naggar, Head of Global Transaction Banking at the bank, highlighted that the recognition underscores the bank’s ability to design and implement innovative solutions for clients across sectors, particularly through advanced digital platforms that enhance operational efficiency. He added that the bank will continue developing advanced digital services that elevate banking standards and deliver real value to clients.

Ashraf Sabry, CEO of Fawry, commented that the award reflects the strength of the strategic partnership between Fawry and Banque du Caire, built on innovation and expertise integration to deliver advanced digital solutions that make a real impact on payment systems and cash flow management. He affirmed that effective digital transformation begins with strong partnerships with leading banking institutions, and this achievement marks a key step in supporting operational efficiency and accelerating financial inclusion in Egypt.

The award confirms Banque du Caire’s position as one of Egypt’s leading banks, capable of forming strategic partnerships that support digital transformation, contribute to vital sectors, and drive the country’s economic growth.