Bahrain Islamic Bank (BisB) Partners with stc to Boost SME Initiatives

BisB STC

Bahrain Islamic Bank (BisB), a prominent provider of Islamic digital banking services, has entered into a collaboration agreement with the leading telecom services group, STC. The partnership aims to introduce several initiatives focused on serving small and medium-sized enterprises (SMEs) in the kingdom.

BisB, a significant financial institution, caters to the corporate sector by offering integrated financial and banking solutions through its network of eight branches and 48 ATMs across Bahrain. Additionally, it provides online banking services through its digital application and website, allowing customers to open accounts and conduct various banking transactions swiftly, including salary transfers, foreign exchange operations, settlement services, and corporate credit card management.

Jawad Abdul Hadi Humaidan, Chief Corporate and Institutional Banking Officer at BisB, expressed the bank’s commitment to supporting SMEs and corporate customers by collaborating with market leaders to provide comprehensive and innovative solutions that facilitate their growth. He emphasized that this partnership enhances the bank’s mission to offer simplified, innovative financial solutions, enabling SMEs and corporate customers to conduct digital financial transactions efficiently.

Hesham Mustafa, Chief Business Officer of stc Bahrain, highlighted their dedication to empowering SMEs in alignment with Bahrain’s Economic Vision 2030. STC is honored to work with BisB to provide connectivity and digital services to businesses seeking to scale and enhance their profits. They aim to facilitate economic growth, employment opportunities, and digital innovation across various sectors in Bahrain through seamless digital and business solutions.

BisB, a significant financial institution, caters to the corporate sector by offering integrated financial and banking solutions through its network of eight branches and 48 ATMs across Bahrain. Additionally, it provides online banking services through its digital application and website, allowing customers to open accounts and conduct various banking transactions swiftly, including salary transfers, foreign exchange operations, settlement services, and corporate credit card management.

Jawad Abdul Hadi Humaidan, Chief Corporate and Institutional Banking Officer at BisB, expressed the bank’s commitment to supporting SMEs and corporate customers by collaborating with market leaders to provide comprehensive and innovative solutions that facilitate their growth. He emphasized that this partnership enhances the bank’s mission to offer simplified, innovative financial solutions, enabling SMEs and corporate customers to conduct digital financial transactions efficiently.

Hesham Mustafa, Chief Business Officer of stc Bahrain, highlighted their dedication to empowering SMEs in alignment with Bahrain’s Economic Vision 2030. STC is honored to work with BisB to provide connectivity and digital services to businesses seeking to scale and enhance their profits. They aim to facilitate economic growth, employment opportunities, and digital innovation across various sectors in Bahrain through seamless digital and business solutions.

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