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ila Bank wins ‘Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025

ila Bank wins ‘Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025

Saraha News26-05-2025
ila Bank wins 'Best Consumer Digital Bank in Bahrain' title at Euromoney Awards for Excellence 2025
Bahrain's leading digital mobile-only bank wins the prestigious award for its revolutionary business model that has changed the face of traditional retail banking.
Manama, Bahrain: 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
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