Bank ABC named ‘Best Bank for Digital Solutions’ by Euromoney Awards 2022

TDT | Manama                                                 

The Daily Tribune – www.newsofbahrain.com

Bank ABC, MENA’s leading international bank, won the ‘Best Bank for Digital Solutions in Bahrain’ award at the Euromoney Awards for Excellence 2022. The awards ceremony was held in Dubai on 23rd June 2022 and attended by CEOs and C-suite financial industry executives from across the MENA region.

Bank ABC Deputy Group CEO, Sael Al Waary, said: “This significant win reflects our unwavering commitment to delivering seamless state-of-the-art wholesale and consumer banking experiences, with clients and their ever-evolving needs at the heart of our proposition.

Commenting on Bank ABC’s digital achievements, Euromoney Researcher, Aylin Junga, said: “Bank ABC has been at the forefront in deploying cutting edge, customer centric digital innovations across the full scope of its portfolio. It continued to make tangible improvements to its digital mobile-only retail bank, ila, including ‘Hassala’ - a digital saving pot, ‘Jamiyah’ - a collaborative saving tool and “Transfer by Mobile Number” - a service facilitating payments without IBAN.

The bank also collaborated with various stakeholders and Central Bank of Bahrain to pilot a flagship digital currency payment product. The bank’s digital innovations on the corporate banking front have been equally impressive and include a digital onboarding service for corporates and financial institutions, modernisation of its supply chain finance and an introduction of a new FX trading platform.”