Bank ABC Islamic wins Bahrain’s most transformed Islamic bank in recognition of its three-year growth strategy.
This prioritises new-to-bank customer acquisition of corporate and Islamic financial institution clients, while increasing Islamic liabilities and expanding capital-light businesses.
Retail customer acquisition in Bahrain and abroad is another key pillar of the strategy. The bank has successfully launched its Islamic retail banking portal Alburaq in Bahrain and is accelerating its growth in Algeria.
The bank has also prioritized digital transformation, earmarking $100 million to overhaul its digital infrastructure, products and services.
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