The National Bank of Bahrain (NBB) announced that it has been chosen as the preferred bank in the Kingdom by BPay Global, the payment services provider and subsidiary of the Binance Group. This will enable the bank to provide banking services and products that support and enhance the efficiency of the company’s operations.
This step was officially approved during the Future of FinTech Forum 2025, which will enable BPay Global to benefit from the strong banking infrastructure of the National Bank of Bahrain, to facilitate safe and transparent financial transactions according to approved standards, including a wide range of banking transaction products.
Commenting on this announcement, National Bank of Bahrain Group Chief Executive Officer, Othman Ahmed, said: “National Bank of Bahrain is proud to be the ideal choice for BPay. This choice reflects our ongoing commitment to supporting the local financial system, which is achieved by providing reliable banking solutions that enable growth and innovation. We also aspire to provide reliable financial services that connect the needs of today’s companies with the opportunities of the future.”
For his part, Tamim Al-Mousawi, General Manager of Binance Bahrain and PayPay Global, said: “Bahrain Economic Vision 2030 aims to provide a vibrant environment for financial technology that embraces innovation and inclusiveness. Through this partnership, we will contribute to creating an environment that enables users to conduct transactions easily, which enhances Bahrain’s vision to become a leading center for financial innovation in the region.”
The National Bank of Bahrain continues to play a leading role in supporting the growth of financial and technology companies in the Kingdom of Bahrain, by providing effective banking services, liquidity solutions, and transaction banking capabilities within an integrated regulatory environment.
On another level, this cooperation would enhance the Kingdom of Bahrain’s position as a developed financial center, and also demonstrate how well-established banks and modern payment companies can work together, which results in providing safe, comprehensive, and visionary financial solutions.
The work of the National Bank of Bahrain alongside PayPay contributes to achieving national ambitions to create an innovation-based economy, by bringing digital payments closer to traditional financial services, based on a reliable banking infrastructure.
