Mediterranean Bank Partners with Arab Financial Services in Libya

Mediterranean Bank joins forces with AFS to expand payment, card solutions in Libya; drive innovation, secure transactions & digital transformation in the financial sector.

Arab Financial Services (AFS), which tops the list as a leading digital payment solutions provider in the entire Middle East and Africa, has entered a strategic agreement with Mediterranean Bank to support the USD international card programme by AFS for it will include card processing and sponsorship provision intended to foster the advancement of payment technology in Libya.

This agreement seeks to recreate and enhance the payment & card landscape and offer secure and seamless solutions to consumers in Libya. Samer Soliman, AFS CEO: "We are excited about this partnership. It will contribute immensely to building the financial landscape in Libya."

According to AFS attached to Mediterranean Bank's international USD card program, "we will be bringing flexible payment options as we continue to drive a digital transformation for the said region." This partnership is expected to open room for new technology and develop a stronger payment & card ecosystem in Libya.

Owned by 37 banks, Arab Financial Services offers services in more than 20 countries and continues empowering banks across the Middle East and Africa.