Manama / Emirates Business
Khaleeji Commercial Bank (KHCB), one of Bahrain’s leading Islamic retail bank, formally inaugurated the opening of a new branch located in Juffair Mall, Juffair. With the launch of the new branch the Bank now has a network of 11 branches in the Kingdom of Bahrain from which to deliver its innovative banking products and services.
The inauguration of the new Khaleeji Commercial Bank branch in Juffair Mall was marked by the attendance of Khalid Hamad, Executive Director — Banking Supervision, Mr. Khalil Ismaeel Al Meer, Chief Executive Officer, senior members of the management team, staff members and representatives of the media.
Khalil Ismaeel Al Meer, CEO of KHCB , commenting on the substantial growth of the Bank’s branch network said, “ KHCB ‘s increased presence across the Kingdom emphasizes our commitment to providing customers with greater convenience and accessibility. The rapid expansion of the Bank’s branch network is a positive sign that KHCB are on track to becoming the leading Islamic retail Bank in Bahrain.”
“With the opening of this new branch is there is no doubt to the fact that a leading Islamic bank likeKhaleeji Commercial Bank which has been operating in the Kingdom of Bahrain for more than a decade underscores the strategic perspective of Islamic financial Institutions towards the favorable business environment and the competitive atmosphere that Bahrain presents,” he added.
In the opening remarks he also stated, “Our expansion and continued growth is testament to our unwavering commitment to the country which we have long recognized as an important part of the global economy and financial sector. The new branch is also our way of ensuring that our existing and future customers can access us in locations closer to them and thereby provide easy access and convenience when banking with us.”
The inauguration of the new branch in Juffair comes just after five months of the opening of the bank’s branch in Isa Town. The opening also follows closely on the heels of the launch of the new and improved Al Waffer Scheme for the New Year 2016.
Khaleeji Commercial Bank ‘s extensive range will successfully meet even the most demanding expectations helping the bank build loyalty within their clientele. The bank ensures that customer needs are at the foremost when planning its products. Services at the new branch in Juffair will include Shari’a compliant retail banking such as Savings accounts; Al Waffer; Current accounts; Credit cards; and Financing products for personal, auto and real estate. Retail and corporate banking services will also be offered through the branch as well as an ATM.
The bank also offers state of the art electronic and mobile banking services through its Online Banking portal and E-Dinar payment gateway to enable its customers to benefit from a comprehensive banking experience.