Banque Misr, one of Egypt’s largest banks which works with channel partner Arete Global FZ, has announced a Digital Transformation partnership with global technology company SAP.
This is in support of Egypt Vision 2030, for Business Continuity and employee engagement during and post-COVID-19.
Egypt is one of Africa’s fastest-growing banking markets and the country’s rapid growth is fuelling an increase in its retail banking market. Supporting Egypt Vision 2030’s diversified economic growth, banking sector job creation and Business Continuity, Banque Misr has implemented an organisation-wide Digital Transformation, starting with its talent management.
Banque Misr, along with Arete Global FZ, handled implementation to go-live on the cloud-based SAP SuccessFactors’ modules on performance and goals. Now, Banque Misr has full and real-time visibility on talent and employee performance for more than 20,000 employees across 800 branches.
Additionally, Banque Misr has won the Largest HXM Transformation award at the recently held SAP HXM Elite Club Award and was one of 21 organisations across the Middle East and North Africa to receive this prestigious award for its successful implementation of SAP SuccessFactors solutions.
With many employees working remotely due to COVID-19, Banque Misr is showing best practices in leveraging these digital solutions to maintain Business Continuity and to enhance employee engagement.