The National Bank of Bahrain (NBB) announced the launch of its new digital personal financing through the NBB Digital Banking App that simplifies the financing application process by providing a fully digitised and interactive experience for customers.
The new digital personal financing delivers several benefits to customers including 24/7 access and attractive interest rates. This intelligent system provides customers with the flexibility to tailor their repayment plan and financing model based on their financial eligibility. Moreover, real-time assessment of their financial situation ensures customers receive prompt responses and instant pre-approvals on their application. This significantly reduces processing times and allows quicker access to funds.
Commenting on the occasion, Subah Abdulatif Al Zayani, Chief Executive of Retail Banking at NBB said, “This launch represents a significant step forward in our journey to provide our customers with a best-in-class digital banking experience. As part of our digital-first and customer-centric approach, we consistently cater to the evolving requirements of our customers and utilise their feedback to develop innovative solutions. Our new digital personal financing product exemplifies this commitment, offering a differentiated, simple, fast, and secure experience.”
The digital personal financing product incorporates a module that allows customers to explore personal financing options, eligibility criteria, and application which streamline the personal financing application process. The module also grants instant pre-approval information, including financing amounts, instalments, interest rates, and associated fees and charges.
NBB continues to empower customers with convenient and efficient financial management solutions, further solidifying its position as a regional leader in digital banking innovation.
