Latest news with #Bayti
Biz Bahrain
24-04-2025
- Business
- Biz Bahrain
Eskan Bank integrates Baity platform with eKey 2.0, advancing Bahrain's digital housing services
Eskan Bank has announced the integration of its digital housing platform, Bayti, with the national eKey 2.0 system, in collaboration with the Information and eGovernment Authority (iGA) and Beyon Connect. This marks the first integration of its kind for a private sector application following the government's 'MyGov' app. The announcement was made on the sidelines of the 'Innovation in the Social Housing Sector' Conference and Exhibition, held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, under the theme 'Towards Innovative and Sustainable Housing Solutions.' The integration enables users to access the Bayti platform securely and easily through the eKey 2.0 system, which offers unified login using biometric facial recognition without the need for a password. The system also allows users full control over their personal data and how it is shared with service providers, enhancing security and data privacy. The link between Bayti and eKey 2.0 helps facilitate housing transactions with high efficiency while protecting user data and improving access to services, saving users time and effort. Mohammed Ali Al Qaed, Chief Executive of the Information and eGovernment Authority, expressed satisfaction with this development, describing it as a qualitative step forward in providing digital solutions that support citizens' housing needs. He noted that the collaboration reflects Eskan Bank's commitment to offering safe and convenient digital real estate services and contributes to Bahrain's digital transformation in line with the Kingdom's Economic Vision 2030. He added that the partnership supports the Kingdom's strategic objectives by enhancing the housing portfolio and enabling citizens to access advanced digital services, while reinforcing the Ministry of Housing and Urban Planning's efforts to provide adequate and sustainable housing. Abdulla Taleb, General Manager of Eskan Bank, stated that the Bayti platform is the first private sector app to be integrated with the eKey 2.0 system, reflecting the bank's leadership in driving digital transformation within the housing sector. He noted that the integration enhances Know Your Customer (KYC) procedures and adds an extra layer of security and reliability to transactions, facilitating homeownership processes. Christopher Hild, Chief Executive of Beyon Connect, stated that this collaboration improves the efficiency of digital real estate services through the Bayti platform and simplifies procedures for digital homeownership, in alignment with Bahrain's Vision 2030 to build a fully integrated digital society. Those interested in accessing services available on the Bayti platform can download the eKey 2.0 app via the eGovernment Apps Store at or through iOS, Android, and Huawei app stores. For more information, users may contact the Government Services Contact Centre at 80008001 or submit feedback and suggestions through the National Suggestions and Complaints System or the Tawasul app. BNA(R)
Daily Tribune
27-01-2025
- Business
- Daily Tribune
BisB partners with Eskan Bank to bring exclusive Tas'heel Aqari financing rates
Bahrain Islamic Bank (BisB), the leading provider of innovative Islamic financial solutions for simplifying money matters in the Kingdom of Bahrain, has partnered with Eskan Bank to bring unparalleled property financing solutions to citizens eligible for the Tas'heel Aqari programme. The collaboration aims to make property acquisition more accessible by offering special rates and flexible finance options for customers looking to purchase land, ready flats and villas, or construct homes on owned plots. The partnership also features an exclusive offer for the first 10 customers who apply for Tas'heel Aqari through Eskan Bank's Bayti app. The first applicant will receive 100,000 points on their BisB Credit Card, while the remaining nine will obtain 10,000 points each. In addition, all 10 applicants will benefit from a no-instalment period for the first six months, followed by a profit-free term for the subsequent six months. Faisal Al Abdulla, Acting Head of Branches and Sales at BisB stated: 'We are delighted to join forces with Eskan Bank for an initiative that empowers Bahrainis to turn their real estate ownership aspirations into a reality. Our competitive rates offer reliable financial support while maintaining some of the lowest commitment costs in the market. With the option to choose from ready properties, land purchases and construction their own land, the financing programme marks a significant step in making diverse accommodation goals achievable for our clientele.' This joint effort reflects a mutual dedication from both institutions to provide streamlined, affordable, and tailored financing solutions that support the Ministry of Housing & Urban Planning's mission to ensure high-quality, safe and sustainable living for Bahrainis. BisB continues its efforts to introduce initiatives that serve all key sectors in the Kingdom, as part of its ongoing commitment to social responsibility. The Bank is also committed to strengthening its partnerships with official entities and various private sector organizations in the implementation of projects and initiatives aimed at improving citizens' lives in the Kingdom and in achieving their objectives.
