ila Bank wins ‘Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025
ila Bank, powered by Bank ABC, has been declared Best Consumer Digital Bank in Bahrain by Euromoney Awards for Excellence 2025. The award celebrates ila's phenomenal success in reimagining retail banking, placing consumers at the core of its innovative digital mobile-only proposition. The award was presented on 20 May in Dubai at a ceremony attended by the industry's leading financial institutions and experts.
Commenting on the prestigious award, Mohammed Al Maraj, Group Head of Retail Banking at Bank ABC and ila Bank CEO, said, 'It is an honour to win the title of Best Consumer Digital Bank in Bahrain by a long-established awards programme like Euromoney. This recognition reinforces our commitment to continue delivering superior digital banking experiences, while promoting further financial inclusion in Bahrain and the wider region. We take great pride in providing fast, convenient, and personalised consumer banking solutions that greatly enrich our customers' lifestyles. I thank Euromoney for this esteemed award, our customers for their faith in our capabilities, and the Board and leadership at Bank ABC for their unwavering guidance and support. I remain grateful to the ila team for their relentless efforts in making ila a household name that is renowned for 'banking that reflects you'.'
ila's unique banking proposition has made a positive impact since its launch in 2019. By offering intuitive, seamless digital banking products and services, ila has successfully eliminated customer pain points in managing and taking control of their finances.
The Bank's customer-centric approach has enabled it to drive exceptional growth through personalised product offerings, communications and never-before benefits and privileges that drive customer trust and engagement. ila's continued success is reflected in its year-on-year growth across key metrics.
ila Bank has been expanding its footprint across the region to bring its digital-first banking proposition to underserved markets, thereby spurring financial inclusion and redefining consumer banking experiences in MENA. Further expansion plans are well underway.
By leveraging innovative technology, data analytics and simply listening to what customers require, ila Bank has fundamentally reshaped conventional banking as well as Islamic Banking through alburaq. Its innovative proposition comprises rapid onboarding, multi-currency accounts, easy payments and transfers, convenient savings tools like Al Kanz, Hassala and Jamiyah, Government Securities investment solution amongst an extensive product suite.
The Best Digital Bank in Bahrain award is one of four titles swept by Bank ABC Group at the Euromoney Awards for Excellence 2025. The award platform recognises world-class institutions that have demonstrated innovation, leadership and positive impact in their banking propositions in the capacity of a leading authority in the global financial landscape.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
2 hours ago
- Al Bawaba
Burgan Bank Provides ‘Eidya' Across All Branches and ATMs to Support the ‘Eidity' Campaign in Collaboration with CBK
With the approach of Eid Al-Adha, Burgan Bank is committed to supporting the 'Eidity' campaign in collaboration with the Central Bank of Kuwait (CBK), the Kuwait Banking Association (KBA), and KNET. Driven by the Bank's digital transformation strategy and adoption of digital banking solutions, customers will be able to easily send and receive Eidya digitally in a swift and secure manner. This reflects Burgan Bank's steadfast commitment to delivering a consistent banking experience and offering convenient services, especially during holidays. As part of the campaign, customers will have the opportunity to withdraw Eidya in any KD denomination of their choice starting June 1st at 26 Burgan Bank branches, and from June 3rd at 14 ATMs strategically located throughout Kuwait, including shopping malls and the airport. In addition, customers can use the instant payment service WAMD through the Bank's mobile banking application to transfer the Eidya. For more information about the branch locations and ATMs, customers can refer to the Bank's official website and social media platforms. The support for the 'Eidity' campaign also aligns with the Bank's continued efforts to instill the culture of savings and financial literacy, under the umbrella of its corporate social responsibility (CSR) campaign 'Teach Them Young the Value of Savings' and its continued backing of the 'Let's Be Aware' (Diraya) campaign, launched by CBK and KBA in collaboration with local banks. Since its launch in 2020, the Eidity initiative has been warmly embraced by customers, as it facilitates the continuity of the Kuwaiti tradition of sharing Eidya among family members. This Eid Al-Adha, Burgan Bank will continue to offer its Elite customers a complimentary Eidya delivery service, in collaboration with Peacock Concierge. As a proactive and engaged corporate citizen, Burgan Bank continues to participate in and support all initiatives organized by CBK and KBA, contributing to the elevation and advancement of the Kuwaiti banking sector and the banking experience it offers its customers.
Al Bawaba
2 hours ago
- Al Bawaba
Flyby and noon Partner to Bring AdTech Innovation to Last-Mile Delivery
noon, the region's leading digital ecosystem of services and products, has partnered with Flyby to introduce a new mobile digital Out-of-Home (DOOH) medium in the last-mile delivery space. The collaboration brings data-driven, real-time digital advertising to noon's delivery fleet, giving advertisers new ways to reach consumers on the part of the rollout, Flyby's Smart Delivery Box will be deployed across noon's fleet — including noon Minutes and noon Food delivery bikes — turning these moving assets into a powerful, data-driven advertising platform. noon ads, already a leader in digital retail media, will now expand its offering to give advertisers a new way to reach audiences in high-impact urban partnership marks a significant step forward in Out-of-Home (OOH) advertising, positioning Flyby's mobile digital OOH solution as an addition to existing DOOH solutions. Unlike traditional Out-of-Home media, Flyby's Smart Delivery Boxes move through high-density urban areas, delivering hyper-localised ad placements at the right time, in the right Kamran, CEO, Flyby: 'We designed the Smart Delivery Box to create new value in last-mile delivery. With noon, we're proving that last-mile infrastructure can set a new standard for mobility and advertising in the region.'Fouad Aoun, GM of New Ventures, noon: 'We're constantly seeking innovative ways to bring value to our brands and sellers. Flyby's Smart Delivery Boxes allow us to expand our media network while ensuring that our advertisers get real-time, highly targeted exposure in ways that haven't been possible before.'Flyby's Smart Delivery Box has attracted growing interest across the region from aggregators and advertisers alike. Brands and media buyers looking for dynamic, data-backed audience engagement will benefit from this collaboration, which leverages noon's extensive reach and Flyby's innovative combining noon's deep advertiser relationships with Flyby's cutting-edge AdTech, brands now have access to:Advertising Where Static OOH Can't Reach: Mobile digital ads on noon's fleet capture urban audiences Reach: Advertisers can target by location, date, and time, ensuring relevance and Insights: Brands receive reports on exposure and impressions, Seamless Creative Execution: Advertisers don't need to worry about production or execution complexities. noon and Flyby offer end-to-end creative support — from adapting assets to digital formats to deploying them on the mutually beneficial model not only enhances the impact of noon ads' media offering but also reinforces noon's vision of digitising its fleet and unlocking new revenue streams while providing advertisers with an unmatched level of flexibility and efficiency in their campaigns. As Flyby and noon continue to push the boundaries of innovation, a new era where delivery fleets become a key pillar in the advertising economy has started. Advertisers and brands interested in future rollout phases are encouraged to register their interest before regional availability is fully committed.
Al Bawaba
2 hours ago
- Al Bawaba
AlMabarrah AlKhalifia announces strategic partnerships to empower students at THE TAKEOFF exhibition
AlMabarrah AlKhalifia Foundation (MKF) has announced a series of strategic partnerships with prominent academic and financial institutions in Bahrain as part of its preparations for the upcoming 'THE TAKEOFF' university and career exhibition. Scheduled to take place on 28th June 2025 at the Foundation's headquarters, the event will be held under the patronage of Her Highness Shaikha Zain bint Khalid bin Abdulla Al Khalifa, Chairperson of the AlMabarrah AlKhalifia Foundation's Board of has signed Memorandums of Understanding (MoUs) with the Education Zone, and Mubasher Capital. These agreements underscore a shared commitment to delivering comprehensive and forward-thinking learning experiences to high school students aged 16 to 18. 'THE TAKEOFF' exhibition has been designed as an immersive platform combining career counseling, academic advising, and skill-building opportunities, all geared toward equipping the youth with the capabilities needed to progress professionally in today's dynamic job on the occasion, Her Highness Shaikha Zain bint Khalid bin Abdulla Al Khalifa, Chairperson of the Board of Trustees of the AlMabarrah AlKhalifia Foundation stated, 'At MKF, we strive to curate educational experiences that inspire innovation and leadership among young people. These partnerships represent a meaningful step toward equipping students with the resources and guidance necessary to shape their future with clarity and confidence, while fostering a generation ready to play an active role in the advancement of our nation.'The exhibition will feature a range of specialized sessions delivered by representatives from partner organizations. Education Zone will conduct AI-driven assessments to help students identify their strengths and potential academic paths. Meanwhile, Mubasher Capital will lead introductory sessions on finance and trading, allowing participants to develop a foundational understanding of investment principles and capital markets. For more details about 'THE TAKEOFF' exhibition or any of AlMabarrah AlKhalifia Foundation's youth-focused programs, please call 17499909, email scholarship@ visit or follow the MKF's social media channels. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
