Ebdaa Bank provides flexible financing for micro-projects

Ebdaa Bank provides flexible financing for micro-projects

Dr. Khalid Al Ghazawi CEO of Ebdaa Bank, Dr. Khaled Al Ghazzawi, affirmed the Bank is working to develop ways to finance micro-projects through the application of advanced digital banking services on the one hand and to focus more on projects that adopt modern technologies in management and marketing on the other hand, in a way that enhances the bank's ability to reach wider segments of Bahraini citizens who own micro-enterprises and help them grow their businesses and raise their contribution to GDP in support of Bahrain Vision 2030. During his participation in the activities of the “Global Entrepreneurship Week 2020”, Dr. Al Ghazzawi said that Ebdaa Bank will announce, in the near future, an easy digital financial service for Bahrainis who own mobile businesses, including food truck owners, to help them provide a safe and easy financial payment channel. “I'm very optimistic about the ability of Bahraini entrepreneurs to restore the activity of their projects and institutions after the pandemic. Through our daily interactions in the bank with the owners of entrepreneurial projects, I can confirm that a large part of them invested during the past months in developing their projects and benefiting from digital transformation. It's very