Jumhouria Bank reported today that it has entered a partnership with MoneyGram to launch a rapid money transfer service for its customers.
Libya's largest bank said the move that strengthens its presence in the international financial services sector, in cooperation with a leading global money transfer company.
The partnership agreement was signed in the presence of Jumhouria Bank’s Acting General Manager, along with various officials and representatives from both parties. This initiative aligns with the bank's strategic direction to expand cooperation with international financial institutions and enhance the banking services offered to its customers.
The bank said this partnership is part of its strategy to develop its banking services, broaden the range of financial solutions available to customers, and keep pace with rapid developments in international money transfers, thereby facilitating faster, more secure, and more flexible services.