*** BBK wins ‘Best Retail Bank 2024’ award | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

BBK wins ‘Best Retail Bank 2024’ award

TDT | Manama

The Daily Tribune - www.newsofbahrain.com

Email: news@Newsofbahrain.com

BBK, Bahrain’s leading financial institution, has been awarded “Best Retail Bank in Bahrain 2024” by the World Economic Magazine. This esteemed accolade recognizes BBK’s outstanding performance in retail banking, highlighting its commitment to innovation, customer satisfaction, and sustainable growth.

As per the renowned World Economic Magazine, BBK has demonstrated exceptional financial performance, with impressive growth in gross retail revenue over the past three years.

The Bank’s commitment to achieving strong financial metrics is evident in its profitability indicators, which have shown significant improvement year on year.

The efficiency ratios have also been well managed, reflecting the Bank’s operational efficiency. Additionally, BBK’s retail income and profit contribution have seen consistent growth, further solidifying its position as a market leader in Bahrain.

Yaser Alsharifi, Group Chief Executive at BBK, commented: “We take great pride in being recognized with this prestigious award from the World Economic Magazine, acknowledging the dedicated efforts of the BBK’s team in providing tailored solutions to meet our clients’ needs.”

Ahmed Taqi, General Manager of Retail Banking at BBK, expressed his gratitude, stating: “We firmly believe that our success hinges on delivering tangible, sustainable value through responsible banking practices that foster sustainable development in the communities we serve, driving financial sector innovation, and introducing cutting-edge products and services.”