Qualco Group, a prominent player in financial technology in Greece, is entering into a strategic partnership with United Arab Bank, one of the oldest and most trusted banking institutions in the United Arab Emirates.

As outlined in the announcement, the technological arm of Qualco Group and United Arab Bank will implement the QUALCO ProximaPlus platform, a leading technological solution designed to enhance the bank's supply chain financing (SCF) operations.

Transitioning to the integrated digital platform and automated processes of QUALCO, ProximaPlus will enable United Arab Bank to expand and optimize its services. Additionally, it will assist the bank in promptly addressing evolving customer needs, strengthening cash flow and liquidity management, while upgrading the overall customer experience.