The Bahrain Association of Banks (BAB) and Benefit have aligned on a strategic 2025–2027 roadmap to accelerate the kingdom’s digital transformation.
By integrating BAB’s specialised committees early in the process, the partnership ensures that new financial solutions are perfectly calibrated to market demands and operational realities.
Benefit is launching bespoke payment solutions specifically designed to empower the SME sector.
The roadmap prioritises pursuing regional interoperability to facilitate seamless cross-border instant payments.
The strategy commits to expanding partnerships with AI providers and optimising data utilisation to drive institutional growth.
Benefit is scaling towards new international markets following a record-breaking performance.
As Benefit chief executive officer Abdulwahed AlJanahi and BAB CEO Zeeba Askar highlighted, this unified approach is the most effective framework for cementing Bahrain’s status as a premier regional hub for financial innovation.