Our award-winning transaction banking business has been facilitating the trade into and out of the MENA region for decades and with additional strategic investments we are bolstering our capabilities further to cultivate a stronger and more agile model for the future.This has included deepening and broadening our cash management capabilities across the Middle East & North Africa, building upon our pilot of a centralised global trade operations function within the Bahrain head office and boosting our fast-growing digital profile to further spur growth and development.
The strategy has started yielding results in some truly innovative transactional milestones, in large part due to our specialists offering in-depth market knowledge, alloyed to seasoned trade and cash management capabilities. We have expanded our broad range of cash solutions for corporates in our core markets of Egypt, Jordan, Algeria, Tunisia, the UAE, and Bahrain and local operations via our smart ABC Digital platform.
A pioneer in banking and finance, Bank ABC is steadfast in taking the industry to the next frontier with digital innovation. We are not just forwarding the fintech agenda in Bahrain, but in the entire Middle East and Africa region.
Bank ABC launched ila Bank, marking its foray into the digital, mobile-only banking space, beginning with Bahrain, with a roadmap to take it across the MENA region.