Barclays Bank Partnering with Sumerge to Improve Debt Collections & Recovery.

Sumerge has kicked off a new project with Barclays Bank Egypt to develop and implement a debt collections & recovery solution. The solution will help the bank streamline the operations and daily activities of the collections and recovery department. It will manage debts, provision levels and increase the overall collections performance as well as the profitability per customer.

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Barclays Bank serves a large enterprise client base including leading international, regional and domestic companies as well as a strong base of approximately 120,000 retail banking customers across the country. They operate across a network of 55 branches and 69 ATMs covering key cities in Egypt. Barclays Bank common Purpose is ‘Creating opportunities to rise’. They are a company of opportunity makers working together to help people rise – customers, clients, colleagues and society.