AIBK

AcronymDefinition
AIBKAskersunds Innebandyklubb (Sweden)
AIBKAssociation of Insurance Brokers of Kenya (Nairobi, Kenya)
References in periodicals archive ?
First, Fawry will launch an electronic portfolio for the AIBK to help its current and future customers.
According to Seif El-Nasr, the partnership between the AIBK and Fawry will enable existing and prospective customers to benefit from all electronic payment services through the bank's ATM network, which is currently being developed.
AIBK Egypt s procurement of Temenos products is part of its committed development programs in Egypt, which include improving the number of branches from 13 to 18 over the next year, and improving its business within deposits, loans, finance companies, as well as creating and funding SMEs and offering retail financial and Islamic products.
We are delighted to have been chosen by AIBK Egypt as its core banking system provider which joins six other Egyptian banks running on T24 and further extends our presence in the region.
Amrik Tak, regional director MEA, Temenos, said, 'We are delighted to have been chosen by AIBK Egypt as its core banking system provider which joins six other Egyptian banks running on T24 and further extends our presence in the region.
AIBK Egypt's purchase of Temenos' products is part of its ambitious expansion plans in Egypt, which include increasing the number of branches from 13 to 18 over the next year, and increasing its market share within deposits, loans, finance companies, as well as developing and financing SMEs and providing retail banking and Islamic products.
Amrik Tak, Regional Director MEA, Temenos, said, "We are delighted to have been chosen by AIBK Egypt as its core banking system provider which joins six other Egyptian banks running on T24 and further extends our presence in the region.
Hany Seif Al-Nasr, chairperson of the AIBK, said that this protocol comes in the framework of the bank's strategy to diversify its retail banking services and link them with small projects' financing.
AIBK connects six other Egypt-based banks by now using T24, the world's most important core banking application, which is also the mainly extensively used core banking system in Egypt.
He added that the AIBK aims to boost its SME portfolio to EGP 12.
He said that AIBK is also currently conducting a comprehensive structure of labour to enable a boom in its indices and performance, and upgrade the capabilities and practical skills of the employees of the bank through the implementation of internal and external training programmes for all employees, through a specialised sector for human development, which determines the training needs of the employees.
AIBK announced earlier in June the preparation of a comprehensive plan for the development of sectors and launching new branches during this year.