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Bahrain Islamic Bank (BisB), the leading provider of Islamic digital banking services in the Kingdom of Bahrain, and SMEs Development Board announced the launch of an event in support of Small and Medium-sized Enterprises (SMEs), set to take place at the Bank’s Financial Mall in Budaiya, between 12 to 16 November 2023, from 8:00 am to 3:00 pm. 

The SMEs Development Board and BisB have organized this event to serve as an integrated platform showcasing various facilities in support of Small and Medium-sized Enterprises (SMEs) in the Kingdom, as well as providing innovative financing solutions, instant services such as financing approval within 24 hours, and other exclusive offers and services. BisB’s strategic partners will also be offering their services and special packages for SMEs at the event, including the Labour Fund ‘Tamkeen‘, STC Bahrain, Takaful Insurance, Export Bahrain, and Visa. The event will also include other companies across various fields including office interior design, corporate branding and marketing, advertising and printing, as well as accounting and auditing firms.

Mr. Jawad Humaidan, Chief Corporate and Institutional Banking Officer at BisB, said: “This event reflects our efforts to support the SME sector by providing simplified and innovative banking solutions that contribute to enhancing the services offered by companies within this vital sector. We aim to provide a comprehensive ecosystem for the SMEs to thrive and prosper. Hence, we have partnered up with market leaders across diverse industries who specialize in supporting the SME sector and will provide exclusive deals and services in this event, which in turn will help SMEs develop their businesses and strengthen their position within the market.” 

This event comes in line with the SMEs Development Board’s strategic plan, which aims to simplify banking matters starting from account opening and access to financing for SMEs, providing access to markets, streamlining processes for a better business environment, developing skills, and fostering innovation to boost their growth and promote economic value.

BisB continues its services to the corporate sector by providing integrated financial and banking solutions through its network of 8 branches and 48 ATMs across Bahrain, in addition to online banking services through BisB’s digital application and website, where customers can open accounts and complete banking transactions within a few minutes, which include salary transfers and foreign exchange transactions, in addition to corporate credit cards.