As part of its commitment to continuously offer the latest and up-to-date technological banking solution in the Egyptian market, Bank Audi, Egypt's eighth largest commercial bank and the Egyptian arm of Lebanon's Bank Audi, started today launching its New Core Banking system "FlexCube", replacing the current system. "The New Core Banking system will contribute to increase the efficiency of work and introduce new innovative products/services that will serve the dynamic needs and requirements of Bank Audi's customers" said Mohamed Abbas Fayed. According to Mohamed Abbas Fayed, Chief Executive Officer and Managing Director of Bank Audi – Egypt: "In Line with the Global Banking sector direction as well as Bank Audi's strategy, the development of the Bank's IT systems and supporting its technological infrastructure is our priority. The New Core Banking System will provide our customers with advanced products/services that will serve their needs and requirements more effectively and efficiently." Moreover, Fayed elaborated, "The New Core Banking System "FlexCube" will help Bank Audi to provide the customers with better features and functions that will improve, simplify and facilitate their banking experience along with supporting the spread of Financial Inclusion." Bank Audi Egypt will commence working with the New Core Banking System on November 26th , 2017 after successful simulations and training sessions to Bank Audi Employees.
