Ithmaar Bank continues support for Bahrain FinTech Bay
Monday, 10 14 2019, Category: Technology, Country: Bahrain
A senior Bahrain banker said that the Kingdom continues to lead the charge in financial innovation, with both local authorities as well as banks and other financial institutions making major contributions to reshaping the industry.
Ahmed Abdul Rahim, who is the Chief Executive Officer of Ithmaar Bank, a Bahrain-based Islamic retail bank, as well as the Deputy Chairman of the Bahrain Association of Banks (BAB), made the comment after renewing Ithmaar Bank’s strategic partnership with Bahrain FinTech Bay (BFB), one of the region’s most advanced Financial Technology (FinTech) ecosystems.
Ithmaar Bank, which was recently named “Best Bank for Personal Finance in Bahrain” by the World Union of Arab Bankers (WUAB), was a Founding Partner of BFB and has supported and worked closely with them since their establishment two years ago. The renewed agreement extends the partnership for another two years.