Banque Misr to offer e-payment, financing services to Tropi 2, Qasatli
Updated 11/27/2023 8:55:00 AM
Arab Finance: Banque Misr has signed two cooperation protocols with Amer Group and the real estate company Qasatli in the fields of e-payment and real estate financing, as per an emailed press release.
Under the protocols, the bank has partnered with Tropi 2 for Touristic Development, a subsidiary of Amer Group, to supply point of sale (POS) machines to the company’s premises and connecting them to the e-collection system of electricity bills.
This is along with the administrative fees concerning the services provided by the company via its customer service center.
Moreover, the bank will offer e-payment and e-collection services to Qasatli by supplying POS machines to the latter’s headquarters, in addition to providing flexible real estate financing services via two options.
The first option includes a real estate financing with payment period of up to 30 years and a down payment of at least 15% as part of the Central Bank of Egypt’s (CBE) initiative to support medium-income citizens.
On the other hand, the second option comprises various payment periods of up to 15 years for the units that are not included in the CBE’s initiative.
The deals come as part of the bank’s plans to boost digital transformation.
Related News
