BENEFIT reviews 2022-2024 corporate strategy with financial sector representatives

BENEFIT reviews 2022-2024 corporate strategy with financial sector representatives

Manama, Bahrain: - BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held a meeting in cooperation with the Bahrain Association of Banks (BAB), and under the supervision of the Central Bank of Bahrain (CBB), to present its three-year strategy and roadmap 2022 to 2024, in the presence of BAB’s specialized committee members, as well as a large number of financial and banking institutions’ members.

The three-year strategy was presented by Mr. Yousif AlNefaie Deputy Chief Executive at BENEFIT, followed by an open floor discussion where committee members and financial sector representatives were invited to participate in the discussion and provide valuable recommendations to embed within its strategy to further enhance the financial industry, and provide value to the community as a whole.

The meeting is consistent with BENEFIT's dedication to their digitization agenda, as well as the CBB's initiatives to accelerate digital transformation in the Kingdom and launch innovative financial services in accordance with the Bahrain Economic Vision 2030. Furthermore, such meetings strive to open partnerships by sharing significant success achieved by BENEFIT throughout the years.

BENEFIT’s roadmap for the next three years comes in line with its 4 core strategic pillars including advancing payment infrastructure to