Bahrain Islamic Bank has launched a new feature in its Bank’s corporate mobile application, BisB Corporate Digital for its corporate customers. The new end-to-end digital service allows individual establishments and Sijili customers to open and operate a corporate account using facial recognition in a few minutes.
This service completely eliminates the hassle of customers needing to physically visit the Bank’s branches, providing convenience and increased level of safety considering the ongoing COVID-19 pandemic.
“The launch of our latest digital service is a significant milestone for the Bank as the first Bank in Bahrain to offer end-to-end corporate account opening online in such a reduced time, and has established a new benchmark for the entire industry, opening up a whole new world of opportunity for our corporate division by providing an unparalleled level of convenience. This comes in line with our Simplification strategy at BisB, which seeks to push the boundaries of innovation by launching digitally-empowered solutions to provide a transformed customer experience by enabling businesses and corporates to swiftly go about their daily business with increased efficiency. We are confident this achievement will contribute towards strengthening the Kingdom’s position as a leading financial and fintech hub in the region,” said the Chief Corporate & Institutional Banking, Mr. Wesam Baqer.
“This digital innovation goes beyond creating an improved experience for the Bank’s corporate customers by offering increased convenience through a simplified process and shorter time frame. The launch of this service will revolutionize finances for corporations in the Kingdom of Bahrain, because we can better cater to more diverse segments in a far more holistic manner, for the likes of aspiring entrepreneurs and start-up businesses, or Instagram-based businesses. Combined with the power of being able to register for a Commercial Registration via the Kingdom’s Virtual CR system, Sijili, this simplifies the process for any business that wants to start a new business in Bahrain, further contributing towards the growth of the Kingdom’s budding entrepreneurial ecosystem,” he added.
