News

Egypt's Bank Misr uses CR2 software to add currency exchange, other new ATM apps

October 26, 2004

DUBLIN - Banque Misr in Egypt will use CR2's BankWorld ATM Client software to drive its newly expanded ATM network.

Banque Misr is almost doubling its current ATM fleet, adding 120 new machines for a total of 300 throughout Egypt.

"Banque Misr has an excellent relationship with CR2, having successfully used its products for 14 years now," said Banque Misr General Manager Hoda Shoukry. "With the addition of the 120 new ATMs, it made sense to also extend the facilities we can offer using this channel. The new software allows us to do just that."

Among the additional features Banque Misr will offer at its ATMs are cash note acceptance and foreign exchange, which will allow customers to deposit currencies such as United States dollars and withdraw Egyptian pounds.

"These new initiatives will take customer service levels at the bank to new heights," said Cian Kinsella, CR2's chief executive.