MANAMA: A nearly eight-fold jump in electronic real-time fund transfers for two months in a row shows digitalisation is well underway in Bahrain’s financial services.
The latest infographics released by the Central Bank of Bahrain (CBB) reveal that transactions using Fawri, Fawri+ and Fawateer services, enabled by the Electronic Fund Transfer System (EFTS), have seen substantial growth in August this year when compared with the same month last year .