Latest news with #BankofBahrainandKuwait
Daily Tribune
25-04-2025
- Business
- Daily Tribune
BBK and Batelco by Beyon launch exclusive offers
Bank of Bahrain and Kuwait (BBK), a leading retail and commercial bank in Bahrain, has announced a strategic collaboration with Batelco by Beyon. This partnership introduces special fiber internet deals along with smart home packages to customers who secure Mortgage Loans during the 'Innovation in Social Housing' Summit. Held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, the event is convened under the theme 'Towards Innovative and Sustainable Housing Solutions,' underscoring the pivotal role of digital transformation in shaping the future of the housing sector. As part of this initiative, BBK and Batelco are offering three exclusive smart home solutions, each designed to cater to the evolving needs of modern households. The Basic Package includes a Smart Switch, Dimmer, and IR Controller. The Advanced Package expands on the Basic Package by adding a Curtain Motor. The Premium Package includes all components of the Advance Package, in addition to a full suite of smart sensors. Commenting on the launch of this partnership, Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, emphasised that the collaboration represents a strategic step toward introducing homeowners to the concept of smart living at a competitive cost, and stated. 'Smart home technologies are increasingly becoming a standard expectation in modern residences and BBK is committed to ensuring access to cutting-edge solutions that meet the aspirations of Bahraini families.' Mr. Taqi also highlighted that the initiative aligns with BBK's broader mission to enhance customers' quality of life by offering intelligent home solutions that contribute to comfort, convenience, and security. 'Smart technologies have become essential elements of contemporary living, responding to the demands of an increasingly digital society. Through this initiative, BBK aims to provide a unique opportunity for summit visitors to explore the latest in smart home innovations, while benefiting from an integrated experience supported by a strong technological and financial infrastructure,' said Mr. Taqi. Ms. Aseel Mattar, General Manager – Consumer Division at Batelco, expressed her enthusiasm about the collaboration, describing it as a model example of inter-sector cooperation designed to serve the local community. 'This partnership with BBK, forged on the occasion of a landmark national event, reflects a unified commitment to enhancing the quality of life for Bahraini families through seamless access to advanced digital solutions. Batelco remains steadfast in supporting the Kingdom's digital transformation journey and making smart technologies more accessible and impactful across the housing landscape.'
Biz Bahrain
24-04-2025
- Business
- Biz Bahrain
BBK and Batelco by Beyon provide exclusive offers to Mortgage Loan customers during the 'Innovation in Social Housing' Summit
Bank of Bahrain and Kuwait (BBK), a leading retail and commercial bank in Bahrain, has announced a strategic collaboration with Batelco by Beyon. This partnership introduces special fiber internet deals along with smart home packages to customers who secure Mortgage Loans during the 'Innovation in Social Housing' Summit. Held under the esteemed patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of the Kingdom of Bahrain, the event is convened under the theme 'Towards Innovative and Sustainable Housing Solutions,' underscoring the pivotal role of digital transformation in shaping the future of the housing sector. As part of this initiative, BBK and Batelco are offering three exclusive smart home solutions, each designed to cater to the evolving needs of modern households. The Basic Package includes a Smart Switch, Dimmer, and IR Controller. The Advanced Package expands on the Basic Package by adding a Curtain Motor. The Premium Package includes all components of the Advance Package, in addition to a full suite of smart sensors. Commenting on the launch of this partnership, Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, emphasised that the collaboration represents a strategic step toward introducing homeowners to the concept of smart living at a competitive cost, and stated. 'Smart home technologies are increasingly becoming a standard expectation in modern residences and BBK is committed to ensuring access to cutting-edge solutions that meet the aspirations of Bahraini families.' Mr. Taqi also highlighted that the initiative aligns with BBK's broader mission to enhance customers' quality of life by offering intelligent home solutions that contribute to comfort, convenience, and security. 'Smart technologies have become essential elements of contemporary living, responding to the demands of an increasingly digital society. Through this initiative, BBK aims to provide a unique opportunity for summit visitors to explore the latest in smart home innovations, while benefiting from an integrated experience supported by a strong technological and financial infrastructure,' said Mr. Taqi. Ms. Aseel Mattar, General Manager – Consumer Division at Batelco, expressed her enthusiasm about the collaboration, describing it as a model example of inter-sector cooperation designed to serve the local community. 'This partnership with BBK, forged on the occasion of a landmark national event, reflects a unified commitment to enhancing the quality of life for Bahraini families through seamless access to advanced digital solutions. Batelco remains steadfast in supporting the Kingdom's digital transformation journey and making smart technologies more accessible and impactful across the housing landscape.'
Zawya
23-04-2025
- Business
- Zawya
BBK and Batelco by Beyon provide exclusive offers to Mortgage Loan customers during the 'Innovation in Social Housing' Summit
Bank of Bahrain and Kuwait (BBK), a leading retail and commercial bank in Bahrain, has announced a strategic collaboration with Batelco by Beyon. This partnership introduces special fiber internet deals along with smart home packages to customers who secure Mortgage Loans during the 'Innovation in Social Housing' Summit. Held under the esteemed patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of the Kingdom of Bahrain, the event is convened under the theme 'Towards Innovative and Sustainable Housing Solutions,' underscoring the pivotal role of digital transformation in shaping the future of the housing sector. As part of this initiative, BBK and Batelco are offering three exclusive smart home solutions, each designed to cater to the evolving needs of modern households. The Basic Package includes a Smart Switch, Dimmer, and IR Controller. The Advanced Package expands on the Basic Package by adding a Curtain Motor. The Premium Package includes all components of the Advance Package, in addition to a full suite of smart sensors. Commenting on the launch of this partnership, Mr. Ahmed Taqi, General Manager of Retail Banking at BBK, emphasised that the collaboration represents a strategic step toward introducing homeowners to the concept of smart living at a competitive cost, and stated. 'Smart home technologies are increasingly becoming a standard expectation in modern residences and BBK is committed to ensuring access to cutting-edge solutions that meet the aspirations of Bahraini families.' Mr. Taqi also highlighted that the initiative aligns with BBK's broader mission to enhance customers' quality of life by offering intelligent home solutions that contribute to comfort, convenience, and security. 'Smart technologies have become essential elements of contemporary living, responding to the demands of an increasingly digital society. Through this initiative, BBK aims to provide a unique opportunity for summit visitors to explore the latest in smart home innovations, while benefiting from an integrated experience supported by a strong technological and financial infrastructure,' said Mr. Taqi. Ms. Aseel Mattar, General Manager – Consumer Division at Batelco, expressed her enthusiasm about the collaboration, describing it as a model example of inter-sector cooperation designed to serve the local community. "This partnership with BBK, forged on the occasion of a landmark national event, reflects a unified commitment to enhancing the quality of life for Bahraini families through seamless access to advanced digital solutions. Batelco remains steadfast in supporting the Kingdom's digital transformation journey and making smart technologies more accessible and impactful across the housing landscape."
Daily Tribune
23-04-2025
- Business
- Daily Tribune
BBK joins hands with Innovation Summit and Conference in Social Housing Sector
Bank of Bahrain and Kuwait (BBK), a leading retail and commercial bank in Bahrain, announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Housing and Urban Planning, formalizing its participation as a Platinum Sponsor in the upcoming Innovation Summit in the Social Housing sector. Held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, the summit is taking place at Exhibition World Bahrain under the theme 'Towards Innovative and Sustainable Housing Solutions.' The event serves as a strategic platform for engaging stakeholders in the exploration of forward-thinking, sustainable approaches to social housing development in the Kingdom. BBK's participation in this national platform underscores the Bank's longstanding collaboration with the Ministry and reflects its commitment to playing an active role in initiatives that bring together banking institutions, real estate developers, and individuals seeking housing solutions. During the summit, BBK aims to showcase its tailored suite of mortgage financing products and services tailored to meet the diverse needs of aspiring homeowners in Bahrain. BBK will also be providing at the summit on spot approvals for all visitors seeking housing finance solutions from BBK. BBK will showcase a comprehensive range of housing finance solutions, featuring competitive interest rates, flexible repayment plans, and integrated insurance and related housing benefits. Along with the announcement of the all new Tas'heel+, the Bank will also facilitate access to government-supported financing schemes for Bahrainis such as Mazaya, New Mazaya, Tas'heel and Tas'heel+, all of which can be processed directly through BBK's streamlined service channels. BBK customers applying for any type of mortgage loan can expect many surprises offers that will be announced at the event. In addition, BBK will take this opportunity to highlight its strategic alliances with prominent real estate developers and key partners in the real estate industry, which are instrumental in offering customers of all nationalities residing in the GCC an array of distinguished and accessible property ownership options for properties in the Kingdom of Bahrain. Mr. Yaser Alsharifi, Group Chief Executive Officer of BBK, stated: 'BBK is proud to be at the forefront of financial institutions supporting the Kingdom's national endeavors to advance the housing sector. The Bank recognizes the pivotal role the banking industry plays in driving real estate development by delivering exclusive, accessible mortgage solutions that facilitate access to quality housing. Our participation in this landmark event reaffirms our ongoing commitment to delivering practical, inclusive financing solutions that enable individuals and families to realize their dreams of homeownership.' Mr. Alsharifi affirmed that BBK views affordable housing as a fundamental right and a cornerstone of social stability and noted that the Bank remains committed to introducing innovative and flexible financing solutions that address the changing needs of Bahraini families. Through its ongoing collaboration with the Ministry of Housing and Urban Planning, BBK seeks to enable broader access to national housing initiatives and contribute meaningfully to the Kingdom's sustainable development goals and the realization of Bahrain's Economic Vision 2030.
Daily Tribune
21-03-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank appoints Yasser Al Saad as Chief Treasury and Investment
Al Baraka Islamic Bank, the leading Islamic bank in the Kingdom of Bahrain, announced the appointment of Yasser Mohamed Al Saad as Chief Treasury and Investment. This move aligns with the bank's ongoing strategy to enhance its leadership by leveraging national talent and building a distinguished management team that will drive the bank's growth and prosperity. Before joining Al Baraka Islamic Bank, Al Saad served as the Treasurer at the Bank of Bahrain and Kuwait (Kuwait) for nearly over 8 years during which he managed the treasury and investment portfolio across GCC and global markets. He also held the position of Acting Chief Executive of the same bank from October 2021 to August 2023. Additionally, he previously held the position of Head of Treasury at United Gulf Bank (Bahrain). Upon this announcement, Dr Adel Salem, Chief Executive Officer of Al Baraka Islamic Bank, remarked, 'We are thrilled to welcome Yasser Mohamed Al Saad to our senior executive management team as our Chief Treasury and Investment. Al Saad brings a proven track record of achievements and experience that will enable him to effectively lead the treasury and investment division. We wish him every success in supporting bank's growth and prosperity.' In response, Yasser Mohamed Al Saad expressed, 'I am honored to be part of a distinguished management team that is committed to the ongoing development and growth of Al Baraka Islamic Bank. I extend my heartfelt thanks to the Bank's Board of Directors and the Chief Executive Officer for entrusting me with this role.' He added, 'I look forward to collaborating with the Treasury and Investment team to strengthen Al Baraka Islamic Bank's position as a leading financial institution in Islamic banking and to achieve our objectives while continuing on our path of growth and progress.'
