Bank enters a Memorandum of Understanding with RHF to facilitate customer
contributions to the Foundation’s various initiatives
Manama, Bahrain: ila Bank,
Bahrain’s fast-growing digital mobile only bank, powered by Bank ABC, has
signed a Memorandum of Understanding (MOU) with the Royal Humanitarian
Foundation (RHF) to enable customers to donate funds directly to the
Foundation’s various initiatives through its newly launched ‘Donate to Charity’
in-app feature. ila customers are now able to contribute directly to charitable
causes supported by RHF, including orphan care, educational care, purchase of
medical equipment, cancer patient treatment among others.
The agreement covers all existing and future RHF initiatives. ila
accountholders who wish to donate to any RHF initiative can do so through the
Bank’s mobile app by simply clicking on ‘Donate to charity’ and selecting one
of the causes from a list of initiatives supported by the Foundation.
RHF has demonstrated its unwavering commitment towards supporting
various communities in need across Bahrain. This tie-up with ila will go a long
way in facilitating individual contributions to the Foundation’s initiatives
and expediting relief for those most in need. It also ensures that users have
access to support RHF’s future ambitions.
Reinforcing the Bank’s commitment to social responsibility, this
collaboration reflects ila’s commitment to leverage its technology and
innovation to empower communities and act as a catalyst for positive
change. It stems from the sense of community and partnership, which is
prevalent across many entities and individuals in Bahrain.
Commenting on the agreement, Mohamed Al Maraj, CEO of ila Bank Bahrain
said: “This agreement captures the essence of the ila brand which is about
positive transformation, propelling individuals to reach the turning point in
their lives and achieve their aspirations. By enabling our community to
contribute to RHF’s existing and future initiatives, we hope to create a
promising future for those in need and drive long-lasting positive change in
ila’s ‘Donate to
Charity’ app feature was introduced as part of the Bank’s endeavor to
continuously deploy seamless, smart banking solutions that simplify financial
transactions and fulfil customer needs.