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QNB Egypt chooses SBS for its core banking transformation

By Gloria Methri

January 30, 2025

  • Core Banking Modernization
  • Digital Transformation
  • Egypt
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SBS, Sopra Banking Software, QNB Egypt, FinTech, SBP Core Amplitude,QNB Egypt has announced an 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 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 in banking operations and customer service.

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 driver of transformation in the financial landscape.

With SBP Core Amplitude‘s advanced features, QNB Egypt aims to modernise its infrastructure further. The upgrade aims to boost operational efficiency, optimise processes, and deliver cutting-edge financial services to its clients, underscoring the bank’s dedication to maintaining its edge in the market.

SBS (ex-Sopra Banking Software) is a global FinTech company helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. It has partnered with 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, and compliance to payments and consumer and asset finance.

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