Al Baraka Islamic Bank Opens its 8th branch in Zing
17 October 2016
Al Baraka Islamic Bank has opened a new branch in Galleria Mall in Zing Area, the opening witnessed some of the bank management, CBB representatives and also some of its clients.
Mr. Khaled Hamad the Executive Director of Banking Supervision at the CBB sponsored the opening ceremony and announcing officially the opening of the branch by the ribbon cutting. Accordingly, this brings the number of branches to 8 branches and 23 ATMs in the Kingdom of Bahrain.
In this Occasion, Mr. Mohamed Isa Al Mutaweh, the Chief Executive Officer and Board Member of Al Baraka Islamic Bank said, It is a happy occasion because today we are opening our 8th branch in Zing area, this reflects the banks expansion plan of branches and ATMs in the center of the Kingdom, therefore we seek to open more in the coming period The CEO of the bank added that the opening of this branch comes in the context of the major achievements in the expansion process of the banking sector for individuals in Bahrain. He continued by saying that the branch will present all kinds of services either to individuals or companies, it will be offering deposit accounts or investment accounts, will also provide financial and investment services through the banks product such as Al Barakat and Taqseet and other products.
In Regards to the opening of the branch the Deputy General Manager of Al Baraka Islamic Group, Mr. Rashid Al Alalaiwi said the location of the branch is ideal for the amount of people and shoppers there and also it is easily accessible.
He continued by saying that our new branch will present all services to clients either individuals or companies. And we are sure that our clients in Zing area and other neighboring areas will find that this branch will cater all their banking needs, given that our main focus and care is building stronger relation with them with our high standard services.