GIB participates in FinTech forum

Gulf International Bank (GIB) participated as a Strategic Partner at the Bahrain Association of Banks (BAB) Annual Forum, which this year focused on “FinTech: Opportunities and Challenges for Bahrain’s banking industry. The Forum was held at the Gulf Hotel in Manama under the patronage of the Central Bank of Bahrain (CBB) and was inaugurated by CBB Governor, Rasheed Al Maraj.

Taking part in the Forum, which discussed the future of the banking industry amid FinTech developments, was Ali Achkar, Head of Strategy and Center of Excellence at GIB. Speaking on the panel addressing “The Relationship Between Banks and FinTechs,” Achkar shared GIB’s experience and views on Fintech innovation by banks more broadly.

GIB also participated in the Forum’s exhibition, where members of its “meem”, digital bank team were on hand to share with attendees and customers about GIB’s e-banking and mobile digital services. Other topics addressed at the Forum was the need for further investment in technology, how to foster a stronger FinTech ecosystem, legal and regulatory frameworks and the human resources gap that exists in this area.