NBB launches innovative Digital Personal Financing

TDT | Manama                                                      

The Daily Tribune – www.newsofbahrain.com

The National Bank of Bahrain (NBB) announced the launch of its new digital personal financing through the NBB Digital Banking App that simplifies the financing application process by providing a fully digitised and interactive experience for customers.

The new digital personal financing delivers several benefits to customers including 24/7 access and attractive interest rates.

This intelligent system provides customers with the flexibility to tailor their repayment plan and financing model based on their financial eligibility.

Moreover, real-time assessment of their financial situation ensures customers receive prompt responses and instant pre-approvals on their application.

This significantly reduces processing times and allows quicker access to funds. Subah Abdulatif Al Zayani, Chief Executive of Retail Banking at NBB said, “This launch represents a significant step forward in our journey to provide our customers with a bestin-class digital banking experience.”

The digital personal financing product incorporates a module that allows customers to explore personal financing options, eligibility criteria, and application which streamline the personal financing application process.

The module also grants instant pre-approval information, including financing amounts, instalments, interest rates, and associated fees and charges.