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January 30, 2022

First of its Kind Implementation with EBank

January 30, 2022

Building on our previous article on EBank’s digital transformation journey, we are pleased to announce a first-of-its-kind implementation within the Middle East and Africa region. The dedication and collaboration between both teams enabled Sumerge and EBank to achieve a major milestone in support of EBank’s transformation goals.

Using Red Hat OpenShift Container Platform for Kubernetes container orchestration, Ebank successfully launched the first private cloud operated at scale by a bank in Egypt. This enabled EBank to run multiple workloads on the same cluster while managing three main microservices-based systems.  

As a result, banking transfers were accelerated by 80%, reducing processing time from 10 minutes to 2 minutes. In addition, interbank transfers were significantly enhanced, improving performance from 4 minutes per transfer to 50 million transfers per minute.

 

Read our success story to learn more about EBank’s journey with Sumerge.

About EBank

The Export Development Bank of Egypt (EBank) was founded in 1983 with a mission to support and facilitate Egyptian exports across agricultural, industrial, and commercial sectors. Over the years, EBank has established itself as a key player in export operations in Egypt, earning the trust of SMEs, individuals, and financial institutions through its strong client focus and commitment to empowering exporters.

About Saudi Vision 2030
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Saudi Arabia is following a strategic framework known as “Vision 2030”. The framework aims to position the Kingdom as the heart of the Arab and Islamic worlds, the global investment powerhouse, and the hub connecting 3 continents Asia, Europe, & Africa. Saudi’s Vision 2030 is based on 3 main pillars which are; a vital society, a thriving economy, and an ambitious nation.
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