The Bank of Bahrain and Kuwait, a pioneer in the field of banking services for individuals and institutions in the Kingdom of Bahrain, announced that it obtained the approval of the Central Bank of Bahrain to transfer banking works for individuals from HS PBC CC CC, the Limited Middle East Branch to the Bahrain Bank and Kuwait, SAB, and that the transportation process be completed during the last quarter of 2025.
The strategic transfer process includes the transfer of all loans, deposits, credit cards and bank accounts to about 75,000 customers of “HSBC” Bahrain, in addition to the transfer of loyal employees who provide their services to these customers.
Commenting on the deal, Mr. Yasser Al -Sharifi, CEO of the Bank of Bahrain and Kuwait Group, stressed the welcome that HSBC customers and employees will have, pointing to the close cooperation between the two banks to ensure a smooth transition for all. He said: “We are actively working on planning and integrating customers and distinguished cadres from” HSBC “within the work environment of the Bank of Bahrain and Kuwait and its wide system of products. We will ensure together providing high -level banking services and maintaining strong relationships with customers.
Al -Sharifi also pointed to the readiness of the Bank of Bahrain and Kuwait’s full implementation of the deal this year, based on a flexible operating framework, advanced technological infrastructure, high experience human cadres, which are elements aimed at ensuring a smooth transition and continuing to provide services without interruption as much as possible, while enabling customers who move to reach a comprehensive set of products and banking solutions specifically designed to meet their needs.
For his part, Mr. Ahmed Taqi, Director General of Banking Services for Individuals at the Bank of Bahrain and Kuwait, commented: Al -Bajrin and Kuwait owns an extensive network that includes 17 retail branches, 3 BBKLite branches, 77 ATMs that include smart and interactive devices, along with a 24 -hour communication center, BBKPlus digital branches, and the BBK Mobile application that promotes digital customer experience.
He added: “To facilitate access to services, the bank also provides 17 devices for issuing instant discount cards and 13 devices to issue statements, allowing customers to conduct their banking transactions easily and at any time.”
The Bank of Bahrain and Kuwait is distinguished by its provision for the secretariat boxes to save precious property, and distinguished banking services within the accounts of the note and BBK Prive, in addition to a variety of deposit accounts, such as the Harerat account that gives customers opportunities to win weekly, monthly and large prizes, multi -currency accounts, and dedicated accounts for the youth category.
The bank also provides competitive financing solutions that include personal loans, auto loans, and real estate loans with long payment periods, in addition to immediate insurance services within the “Sikura” packages available in all branches.
In a related context, Al -Sharifi praised the Credit Mix company, which is fully owned
At the end of his statement, Al -Sharifi valued the pivotal role that the esteemed government and the Central Bank of Bahrain play in strengthening the financial and banking environment in the Kingdom, noting that their support contributed to enabling initiatives that enhance growth and flexibility in the sector. He said: “The transfer of banking businesses for individuals from the Bank of” HSBC “Middle East is the Bahrain Branch to the Bank of Bahrain and Kuwait is a strategic achievement that enhances our presence in the market and achieves added value to our shareholders, and this achievement comes within our vision to enhance our position in the banking sector by investing strategic opportunities that support our long -term ambitions.”
