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Bahrain FinTech Bay (BFB), the largest dedicated FinTech hub in the Middle East and Africa, has bagged yet another strategic partnership with a major financial institution, BBK, a leading retail and commercial banking solution provider in the Kingdom.

The strategic partnership between the two companies will focus on paving the way for the accelerated growth of innovation in the banking sector, while simultaneously creating new opportunities to boost the country’s economic growth. Additionally, the partnership also falls in line with BBK’s vision to consolidate technological advancement to put the bank in a better position to serve its customers most efficiently and innovatively.

Explaining the primary objective behind the partnership, Mr. Reyadh Yousif Sater, Chief Executive of BBK, said: “The objective of the collaboration between BBK and BFB is to strengthen Bahrain’s position as a leading financial and economic center in the region and a hub for innovation. We always look forward to new initiatives that promote the best solutions and alternatives for the growth of the financial and economic sector of in Bahrain.”

It is worth mentioning here that BBK has been one of the pioneers in Bahrain’s banking sector when it comes to enhancing the quality of banking services with the help of the latest technologies. From fast and efficient online banking services to Interactive Teller Machines (ITM) that enable customers to approve and request transactions through video call, BBK is leading the way in ushering a new era for the amalgamation of FinTech and banking services.

 

Jenan Al-Mukharriq

Jenan Al-Mukharriq

A highly driven organizing member of the StartUp Bahrain ecosystem. And a Project Manager at Matter In Hand with a passion for content creation and empowering communities.