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CBB launches secure network for retail banks

Bahrain Business
Thu, 08 Mar 2018
GDN Online Desk


MANAMA: A secure private network connecting all retail banks in Bahrain with the Central Bank of Bahrain (CBB) has been launched by the regulator. The new secure network will act as the primary communication hub to perform real-time inter-bank payments settlement, while retaining the existing Swift network as a contingency backup.