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Bank ABC planning to launch fully digital unit

Bahrain Business
Fri, 09 Mar 2018
Avinash Saxena


MANAMA: Bank ABC, a Bahrain-based international bank, plans to launch a neobank – a fully digital and mobile bank with no branches – in Bahrain by next year, it has emerged. The fintech-based project is six months in the works, the bank’s president and chief executive Dr Khaled Kawan told the GDN on the sidelines of the second Middle East and Africa FinTech Forum at the Four Seasons Hotel Bahrain Bay, and will “deliver an entirely different banking experience mainly for the millennials – people born after 2000 – and other tech-savvy young people who have completely different expectations from what we think of banking”.

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