Bahrain’s leading local bankNational Bank of Bahrain (NBB) announced the launch of its new digital banking platform, built in partnership with banking technology provider Backbase, to support with their digital transformation journey, empower its staff to further deliver improved customer experience, and provide a seamless digital onboarding experience for retail customers. The partnership has enabled NBB to expand its retail banking offering by providing an upgraded mobile experience to its customers and improving operational efficiency – all while enhancing its ability to innovate at speed and scale.
NBB’s new digital banking experience taps Backbase’s Engagement Banking platform – a comprehensive suite of pre-built technology solutions allowing institutions to own and orchestrate every step of the customer journey – to create a new, modern mobile and online banking journey for customers with personalisation at the centre. Key features NBB’s customers now enjoy include rapid, seamless onboarding – in less than 6 minutes – as well as instantaneous access to a full suite of banking services, such as account management, opening new lines of credit and debit card origination and others.
Backbase’s Engagement Banking Platform allows NBB to rapidly deploy solutions across all their lines of business, enabling faster innovation and allowing NBB to bring new products and services to market quickly and efficiently. NBB has also tapped partner Bring Global to work alongside its development and management team to ensure the successful implementation of Backbase’s technology.
Matthijs Eijpe, Regional Vice President EMEA at Backbase, added:
“We are thrilled NBB chose us to support their efforts to elevate their customers’ digital banking experience. The launch of their new app has already demonstrated the tangible benefits of our partnership to the end user; however, as NBB continues to grow and enhance their digital capabilities, we are providing a scalable model that matches their customers’ shifting demands both in a cost- and time-effective way, enabling NBB to enhance its infrastructure and processes to maintain its position as industry leader.”
About National Bank of Bahrain (NBB)
National Bank of Bahrain B.S.C. (“NBB”), was established in 1957 as Bahrain’s first locally owned bank, incorporated under the laws and regulations of the Kingdom of Bahrain. NBB has grown steadily to become the Kingdom’s leading provider of retail and commercial banking services. With a major share of the total domestic commercial banking market and the largest network of branches and ATMs, NBB is an integral component and plays a key role in The Kingdom’s Economy. NBB continues to diversify and develop capabilities to capture business opportunities in the Gulf region and international markets with the Abu Dhabi and Riyadh branch leading the way in this initiative. The Bank continues to exert its efforts towards keeping ahead of the Banking industry’s latest developments and consistently innovating to cater to the ever-changing demands of the market. NBB is listed publicly on the Bahrain Bourse. As Bahrain’s national bank, NBB continuously strives to set new standards in digital banking services and deliver immediate value to customers under its slogan ‘Closer to You’.