Arab Financial Services to provide credit card management services for Iraqi Middle East Investment Bank

Notes and media contacts

About Arab Financial Services (AFS):
AFS is the leading Arab company for electronic banking, personal payment instruments and related services. Established in 1984, AFS is in a strong financial position with backing from leading international financial institutions in the Arab world.

The company, which is a subsidiary of Arab Banking Corporation, pioneered the concept of outsourcing card processing in the region and was the first to set up an end-to-end state-of-the-art card-outsourcing environment in Bahrain. AFS is the largest payment card processor in the Middle East and North Africa regions.

AFS is a Principal Member of Visa and MasterCard Payment Associations and an authorized third party processor centre. Over 50 banks in the region are connected to AFS' online card management integrated solutions. AFS offers diverse services ranging from 'get-started' to full-fledged on-going card processing and related services, assisting banks in issuing Visa and MasterCard to their customers through sponsorship card programs. AFS offers flexible and customized solutions to suit the specific requirements of financial institutions in the region, including full Arabic language functionality.

For more information, please contact:
Mr. Shankar Sharma
CEO, Arab Financial Services (AFS)
Tel: +973 17 294 545
Fax: +973 17 291122
PO Box 2152, Manama, Kingdom of Bahrain