Ila Bank in Bahrain has earned top honors as MENA Retail Bank of the Year. This recognition highlights the bank’s leadership in digital retail banking in Bahrain, showcasing its customer-first approach and innovative strategy.
The bank, a digital arm of Bank ABC, continues to transform how customers engage with banking. Since its launch, ila has prioritized inclusion, simplicity, and speed. As a result, it has emerged as a pioneer in digital retail banking in Bahrain and the region.
Moreover, CEO Mohamed Almaraj expressed pride in the award. He said ila Bank focuses on delivering smart, lifestyle-driven banking. He also emphasized the bank’s role in advancing digital access across the Middle East.
Furthermore, ila built its digital platform entirely from scratch. The app allows quick registration and complete account access within minutes. This streamlined process has become a benchmark for modern banking services in Bahrain.
In addition, ila customers enjoy access to both Islamic and conventional services. Products include Hassala, Jamiyah, digital fixed deposits, and the prize-based Al Kanz account. These tools help users manage money more efficiently.
Also, customers benefit from multi-currency wallets, instant transfers, and automated savings. These features support financial planning and daily banking. All of them reflect key advances in digital retail banking in Bahrain.
To increase value, ila adds lifestyle benefits to its services. Debit and credit cards offer cashback, travel perks, and exclusive deals. A standout product is the ila Gulf Air Credit Card, which targets travelers.
Additionally, the bank works with more than 250 merchants. These partnerships provide personalized offers and real savings. This reinforces ila’s strong presence in digital retail banking in Bahrain.
Recently, ila expanded into Jordan, marking a major regional step. More markets will follow as the bank drives digital inclusion. Expansion plans support long-term growth across the Middle East.
Meanwhile, the MENA Banking Excellence Awards recognize leadership in digital transformation. ila Bank’s win confirms its influence and the strength of Bahrain’s fintech sector.
In conclusion, digital retail banking in Bahrain continues to evolve through ila Bank’s leadership. Its innovation, partnerships, and growth strategy set the tone for future success in the region.
