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Financial inclusion: signature of an agreement between the Islamic Bank of Guinea and PayCard

05/08/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The Islamic Bank of Guinea (BIG) and PayCard SA signed a strategic partnership on Thursday, July 31, 2025, to facilitate banking transactions and strengthen financial inclusion in Guinea. The ceremony took place at the headquarters of BIG, in the presence of the managers of both entities.

The partnership between BIG and PayCard SA, an electronic money institution, aims to allow customers of both institutions to perform “cash-in” and “cash-out” transactions on their respective networks. The Director General of BIG, Mamadou Lamarana Barry, expressed his pride in seeing this project succeed. The long-term objective is to contribute to financial inclusion, a major challenge for the Guinean authorities. According to the Director General of BIG (Islamic Bank of Guinea) “this will make it possible in the shorter term to fight strongly against inflation and also to further digitize the means of

payment”.

Fatou Diarra, CEO of PayCard, praised the commitment of the teams and the CEO of BIG, whom she described as a “family”. She was confident in the success of this partnership

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