Suez Canal Bank has launched the "SCB Business" mobile banking app for companies of all sizes, in a new step reflecting the bank's drive to develop its digital services and strengthen its role as an integrated banking partner that meets its customers' diverse needs and supports their businesses at every stage of growth. The app offers a wide range of banking services that large, small and medium-sized companies need to manage their day-to-day business easily and securely through a single app, anytime and anywhere.

The launch of "SCB Business" continues the development of the digital solutions the bank offers its corporate customers, following the launch of its "Corporate Internet Banking" platform, which enables them to manage their accounts and banking transactions efficiently, quickly and securely around the clock. This gives companies greater flexibility in running their business and using the bank's digital services across multiple channels according to their needs.

The "SCB Business" mobile banking app provides a comprehensive view of companies' dealings with the bank. It allows users to monitor account activity and financial transactions, view details of certificates, deposits and loans, and track credit card balances, giving business owners and managers greater ease and flexibility in following the company's transactions and obligations and making financial decisions more efficiently.

The app also enables instant transfers to local banks in Egypt through the Instant Payment Network around the clock, as well as transfers between the company's own accounts, transfers to Suez Canal Bank customers, and EGP transfers to accounts at other local banks. A beneficiary management feature makes business-related payments and transfers smooth and secure.

The services offered through the "SCB Business" mobile banking app extend to supporting companies' financing needs. The app lets a company check its eligibility for financing and the maximum financing amount available, based on its financial data and the bank's credit terms and policies, helping connect companies with financing solutions that suit their needs and support their growth.

The "SCB Business" mobile banking app combines round-the-clock access to company accounts and fast execution of day-to-day transactions with advanced security levels and verification methods to protect transactions, providing an integrated digital banking experience that brings a company's accounts, payments and banking transactions together in one place.

Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, said: "The launch of the 'SCB Business' mobile banking app is an important step in the bank's digital transformation strategy and in developing an integrated suite of banking solutions for companies of all sizes, whether large, small or medium-sized."

He added: "We aim for our relationship with our corporate customers to go beyond simply providing finance, to include an integrated suite of solutions and services that links their financing needs with the management of their accounts, payments and banking transactions, helping them run their businesses efficiently and securely and supporting their plans for growth and expansion."