KHCB launches its Khaleeji 360 open banking services platform

KHCB launches its Khaleeji 360 open banking services platform

Khaleeji Commercial Bank (KHCB), one of the leading Islamic Banks in the Kingdom of Bahrain, has recently announced that it is fully set to provide its open banking service to clients through its "Khaleeji 360“ platform, which allows clients to link their accounts with different banks and review aggregated information about their financial operations through KHCB's Mobile App.



This comes as KHCB confirmed that it has provided all the basic requirements to launch the platform through adopting the systems developed by Tarabut Gateway, a specialised company in Financial Technology (FinTech) and leading open banking infrastructure solutions provider.



On this occasion, KHCB's AGM Digital Banking, Mr. Mazen Salman Sater, asserted that the Bank's readiness to provide open banking services in compliance with the directives of the Central Bank of Bahrain (CBB) reflects its constant strives to boost the innovation, creativity and efficiency of its products and services.



Through the new portal, clients will be able to link & view all their accounts with other banks in order to define budgets, monitor payments, automate classification of transactions and conduct a comprehensive analysis of deposits and expenses, ensuring them a complete view of their financial statements and conduct of banking operations with ease