AUB, Mastercard sign strategic partnership
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Ahli United Bank (AUB), a Bahrain-based leading pan-regional Banking group, has signed a strategic partnership with Mastercard as the exclusive partner of choice for all AUB’s existing and acquired card programs in Bahrain.
During 2022, AUB acquired Citibank’s retail banking business in Bahrain, and this partnership will cover their entire portfolio, including the acquired segment, with a differentiated offering that focuses on premium and travel.
Mastercard will also support AUB in launching value-added services to enhance and differentiate the latter’s cards proposition and strengthen the long-standing relationship between the two organizations.
These services include real-time remittance solutions, innovative loyalty programs and cyber intelligence solutions amongst others.
With that, AUB would ensure to provide its customers the highest standards of customer experience.
AUB will also launch the World Elite product, which gives cardholders an unrivalled array of specially curated travel, lifestyle, and insurance benefits.
These include access to select luxury experiences, shopping opportunities in cities around the world, discounted car rental and chauffeur services, complimentary nights at select hotels and resorts, as well as access to premium airline services.
Suvrat Saigal, Deputy Group CEO – Retail Banking at AUB, said: “With our recent acquisition of Citibank’s retail business, this will further strengthen our consumer offering, allowing customers to capitalize on a wide array of benefits and experiences.”
Khalid Elgibali, Division President – Middle East & North Africa at Mastercard, said: “Our collaboration with AUB will provide their customers with a variety of value-added benefits and solutions that will elevate their payment experience.”
Related Posts