Tagged: Bank ABC

MENA Region: Bank ABC, Temenos, NdcTech to Implement Core Banking System

Bank ABC, which claims to be one of MENA’s major international banks, has signed agreements with Temenos and NdcTech in order “to replace its core banking systems for its retail, corporate and wholesale businesses and power its subsidiary, ila Bank, the MENA region’s fast-growing digital… Read More

Fintech dopay Receives Banking Agent License via the Arab Banking Corporation or Bank ABC in Egypt

Fintech firm dopay has received a banking agent license via the Arab Banking Corporation Egypt (Bank ABC Egypt). As noted by its management: “Dopay is the Fintech innovator driving financial inclusion by making access to cashless payment solutions simple, secure, and super-fast. Today, 1.7 billion… Read More

Bahrain’s Digital, Mobile-Only Ila Bank Appoints Mohamed Al Maraj as New Chief Executive

Ila, a Bahrain-based digital, mobile-only banking entity, has confirmed that it has appointed Mohamed Al Maraj as the company’s new chief executive. Established in November 2019 as a wholly-owned retail subsidiary of Bank ABC (the Arab Banking Corporation), a global bank with headquarters in the… Read More

Bahrain’s Bank ABC Launches “ila” Bank, as Institution Prepares to Enter Digital, Mobile-Only Banking

Bank ABC revealed on November 24 that it has introduced “ila” Bank, as the institution prepares to enter the digital, mobile-only banking sector, beginning with the Middle Eastern country of Bahrain. The initiative’s roadmap involves promoting the new platform across the Middle East and North… Read More

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