INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

BisB launches redesign with the Riffa Innovation Hub

    • The Hub has a digital floor with self-service machines and digital services

    • Customers can do card-less cash withdrawals or deposits, print account statements

    The Bahrain Islamic Bank — also known as BisB — has unveiled a redesign of its financial mall located in Riffa, the country’s largest city by size, it said in a statement on Saturday, July 3.

    The new premise is called the Riffa Innovation Hub, and is in line with the Sharia-compliant bank’s digitization push, it said in the statement.

    It reportedly has a digital floor with self-service machines and digital services for customers who prefer to complete their banking transactions independently.

    This is besides the entire floor dedicated to traditional customer service representatives, with customer service agents.

    BisB, the first Islamic bank of Bahrain, also said in the statement that the digital floor will let customers do card-less cash withdrawals or deposits, print account statements and checkbooks, and get instant card issuance through a dedicated self-service kiosk.

    Customers can also open accounts, apply for financing, maintain or update their records, and speak to a bank representative through a video screen on this floor, it added.

    BisB CEO Hassan Jarrar was quoted as saying in the statement about this move: “This will be a new way forward for all our financial malls, as part of our promise to simplify money matters”