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Press Conference on Digital Transformation

Press Conference on Digital Transformation

“Digital Transformation and Innovation in Financial Services”
A Press Conference by Bank of Beirut in Partnership with BOB Finance

In the presence of a large number of companies and business groups gathered around the topic “Digital Transformation and Innovation in Financial Services”, Bank of Beirut held a press conference in partnership with BoB Finance featuring the collaboration of both financial institutions with the aim of offering integrated financial services for businesses allowing them to embrace digital transformation and benefit from a full suite of Fintech solutions.

Commenting on the event, Mr. Fred Khoury Head of the Transaction Banking Department at Bank of Beirut stated that through this collaboration with BoB Finance, “we are offering integrated fintech services for companies”, highlighting that Bank of Beirut is the only local bank to offer electronic payment and collection solutions for businesses, including cash management, receivables, payables and e-invoicing, helping Lebanese firms not only to ensure business continuity at all times but also to keep pace with digital transformation.

For his part, Mr. Michael Abdel Noor, Managing Director of BoB Finance stated that the offerings of the Money Transfer Company complement Bank of Beirut digital business solutions. “Through this cooperation, we will ensure maximum benefits to Lebanese companies”, he said, providing them with money transfer services in local and foreign currencies along with payment, collection and instant withdrawal services in the currency that suits them.

The Press conference was an occasion for the participating businesses to share the digital and financial experience they have with Bank of Beirut and BoB Finance and to discuss the global trends of digital transformation.

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