
NBB Bags MEED Awards
TDT | Manama
Bahrain's National Bank of Bahrain (NBB) has secured two top accolades at the MEED MENA Banking Excellence Awards 2025, reinforcing its leadership position in the Kingdom's financial services sector.
NBB was named Best Retail Bank – Bahrain and received the award for Best Payment Ecosystem Integration for Corporates for its innovative banking platforms DigiCorp and DigiConnect.
Usman Ahmed, Group Chief Executive Officer at NBB, described the double honour as a testament to the bank's commitment to delivering exceptional customer service and pioneering digital experiences across Bahrain's banking industry.
Retail banking excellence
NBB's recognition as Best Retail Bank – Bahrain highlighted its continuous drive to enhance customer experience through digital innovation.
The bank introduced a new youth-oriented product and upgraded its mobile services, allowing users to open accounts instantly, apply for credit cards and access personal finance solutions via the app.
In a significant step towards sustainability, NBB also opened Bahrain's first carbon-free banking branch in Madinat Khalifa.
The building achieved the US Green Building Council's prestigious LEED Platinum certification, underscoring NBB's dedication to responsible banking and environmental stewardship.
The bank's Yalla Family Account has empowered parents to set up accounts for their children and monitor spending, helping younger customers learn savings and budgeting skills in a secure environment.
Corporate banking leadership
In the corporate sector, NBB was recognised for the success of its digital banking platforms DigiCorp and DigiConnect.
These solutions offer streamlined treasury management, real-time rate calculations, and seamless mobile app connectivity, reducing manual processes and improving operational efficiency for large corporations and SMEs.
Since launch, the platforms have driven growth in corporate client acquisition and transaction volumes, strengthening NBB's role in supporting Bahrain's business community.
Ed James, Head of Content and Analysis at MEED, commended NBB's performance, noting that the bank's innovative approach and customer-first mindset have set a strong example for regional peers.
With its dual victory at the MEED MENA Banking Excellence Awards, NBB has underlined its strategic focus on customer-centricity, operational excellence and its ongoing contribution to the Kingdom's financial sector.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Biz Bahrain
3 hours ago
- Biz Bahrain
NBB Launches Fully Digital Supply Chain Finance Solution to Enhance Working Capital Efficiency
The National Bank of Bahrain (NBB) has launched a fully digital Supply Chain Finance solution that connects buyers with their suppliers to enhance liquidity and optimise working capital management. Designed to facilitate seamless trade and build better commercial ties, NBB's Supply Chain Finance solution, enables suppliers to receive early payments against approved invoices, while offering buyers the opportunity to improve their cash flow cycles. The solution, enabled through DigiCorp platform, reduces the administrative burden typically associated with manual payment processes by automating key interactions across the supply chain, allowing for quicker turnaround times and improved operational efficiency. Commenting on the launch, Hisham Al Kurdi, Group Chief Executive – Markets & Client Solutions at NBB said, 'We are pleased to introduce the Supply Chain Finance solution, which demonstrates our ongoing efforts to provide digital-first services that empower our clients and enhance their business operations.' Vineet Munot, Group Head of Transaction Banking at NBB stated 'This initiative marks another important addition to our growing Transaction Banking offerings portfolio and reinforces our position as a market leader in delivering end-to-end trade finance and cash management solutions.' The solution offers a unique advantage to suppliers, particularly SMEs, by providing timely access to working capital without requiring additional borrowing or utilising existing bank credit lines. By offering attractive rates and a transparent financing process, NBB's Supply Chian Finance solution supports suppliers in maintaining financial stability and meeting their operational obligations more effectively. For buyers, the solution contributes to more efficient balance sheet management and enables stronger alignment with strategic suppliers through improved payment cycles. By introducing an automated and transparent payment mechanism, buyers can not only streamline their internal processes but also reinforce long-term supplier relationships. Aligned with NBB's ESG objectives, the Supply Chain Finance solution plays an important role in strengthening the SME ecosystem by offering inclusive access to cost-effective financing. It seeks to build more sustainable and collaborative supply chains, reflecting the Bank's commitment to inclusive economic development. With the launch of NBB's Supply Chain Finance Solution, the Bank continues to expand its suite of innovative products aimed at driving business efficiency, growth, and resilience across Bahrain and the wider region.


Daily Tribune
7 hours ago
- Daily Tribune
China accelerates EV battery swapping with new tech from CATL
TDT | agencies China is not just leading the global electric vehicle (EV) market—it's poised to transform the way EVs are powered. Chinese automakers and battery giants are now pushing battery swapping technology to new heights. Changan Automobile has launched the first 1,000 units of its Oshan 520 sedan, primarily targeting taxi services. However, these vehicles mark a major technological leap as the first to feature CATL's innovative Choco-SEB swappable battery packs. These batteries can be exchanged in just 100 seconds at dedicated swap stations—an efficiency game-changer for EV users. Chongqing already hosts 34 such stations, and CATL plans to expand this network to 1,000 stations across 31 cities by 2025. The infrastructure is designed to support up to 822 swaps per day per station, offering a fast, convenient alternative to conventional charging. CATL, the world's largest EV battery manufacturer, is partnering with major automakers—including Nio, Chery, GAC, SAIC, FAW, and BAIC—to integrate this technology into upcoming models. Among the vehicles adopting the Choco-SEB system are the GAC Aion S, Hongqi E-QM5, SAIC Roewe D7, BAIC C66, Wuling Bingo, and SAIC's Maxus range. While ideal for commercial fleets and taxis, this technology also has significant potential for long-distance drivers. Battery swapping stations on highways could one day rival the convenience of traditional petrol stations, making EV ownership even more practical and appealing.


Daily Tribune
7 hours ago
- Daily Tribune
All-new Jeep Cherokee confirmed for late 2025 debut
TDT | agencies Jeep has officially announced that the all-new Cherokee SUV will make its global debut in late 2025, marking the return of the nameplate after the fifth generation was discontinued in 2023. A preview image reveals that the new Cherokee will adopt Jeep's latest design language, also seen on the Wagoneer S and updated Compass. The SUV maintains the brand's iconic seven-slot grille, accompanied by sleeker LED headlights with signature detailing and robust alloy wheels. The bonnet appears flatter and more pronounced, contributing to a tougher, more rugged presence. While the rear design hasn't been revealed, styling cues similar to the new Compass are expected. Built on Stellantis' new STLA Large platform, the next-gen Cherokee is confirmed to feature a hybrid powertrain. Although not yet officially detailed, both internal combustion engine (ICE) and fully electric variants are strongly anticipated as part of the lineup. Jeep CEO Bob Broderdorf commented, 'The all-new Jeep Cherokee headlines our efforts to deliver more product, innovation, choice and standard content to customers than ever before. It will offer competitive pricing that targets the heart of the largest vehicle segment and fits perfectly between the Compass and Grand Cherokee, strengthening our core SUV portfolio.'