Paris, January 30th – QNB Egypt has announced a significant upgrade to its core banking system, selecting the Solution SBP Core Amplitude to lead the transformation and further solidify its 18-year partnership with SBS.
Serving more than 2 million clients, this bold move demonstrates the bank’s commitment to innovation and operational excellence.
For nearly two decades, QNB Egypt and SBS have worked together to integrate high-performance banking modules seamlessly, enabling the bank to achieve record speed and efficiency in publishing financial results. This partnership has set QNB Egypt apart as a leader in banking operations and customer service.
With SBP Core Amplitude‘s advanced features, QNB Egypt is poised to modernize its infrastructure further. The upgrade aims to boost operational efficiency, optimize processes, and deliver cutting-edge financial services to its clients, underscoring the bank’s dedication to maintaining its competitive edge in the market.
About QNB Egypt
A subsidiary of QNB Group the largest financial institution in the MENA region, QNB Egypt is a key player in the Egyptian banking sector. Its commitment to innovation and a customer-centric strategy focused on reliability and performance positions the bank as a trusted partner and a driver of transformation in the financial landscape.
About SBS
SBS (ex-Sopra Banking Software) is a global financial technology company that’s helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. SBS is a trusted partner of more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide, including Santander, Societé Generale, KCB Bank, Kensington Mortgages, Mercedes-Benz, and Toyota FS. Its cloud platform offers clients a composable architecture to digitize operations, ranging from banking, lending, compliance, to payments, and consumer and asset finance. With 3,400 employees in 50 offices, SBS is recognized as a Top 10 European Fintech company by IDC and as a leader in Omdia’s Universe: Digital Banking Platforms. SBS is headquartered in Paris, France.
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