Finance & Capital Market

BisB bags two awards at Transformers Awards

Bahrain Islamic Bank (BisB) was recently presented with two awards during the ‘Transformers Awards’ ceremony organised by Trusted Advisors Group in Marrakesh, Morocco.

Both of the awards, which were bestowed with double distinction, came as the result of BisB’s achievements in the fields of innovation and simplification. The first ‘Transformers Award’ was given in light of the Bank’s success in transforming and realising their strategic vision of elevating the financial industry and facilitating financial transactions for customers through digital innovations.

The second ‘Customer Journey Award’ was presented for the deployment of the Bank’s ‘Selfie’ Mobile Account Opening digital solution, which allows both new and existing customers to open a BisB account through face ID authentication.

Maisa Shunnar, the bank’s chief of Strategy Implementation & Transformation, attended the ceremony and received the award on the bank’s behalf.

The awards were determined by consultants at Trusted Advisors, certified in change management and transformation management, who use an extremely unique approach in evaluating award recipients, which are selected from leading financial institutions across the Mena region.

Areas of consideration include the level to which transformational initiatives are intimately linked to the organisational DNA of the bank being evaluated, each bank’s ability to successfully align and integrate all the stakeholders involved, and their capacity to generate a transformational vision that serves as a source of inspiration for the entire sector.

Hassan Amin Jarrar, chief executive officer of BisB said: “We are incredibly proud to receive these awards, which recognise the Bank’s continuous efforts towards driving digitisation and inspiring innovation in the industry.”

“Innovation has always stood at the core of our business approach, and it is our ethos that the experience of banking in our day and age ought to be a seamless, simplified process. That’s exactly what we will be continuing to work toward achieving at BisB - to completely transform the traditional customer experience into a digitised and seamless process,” he added. – TradeArabia News Service