Al Baraka Group Launches Cross-Border Banking Cooperation Between Turkey and Bahrain

Al Baraka Group has signed a significant collaboration to enhance cross-border banking services between Turkey and Bahrain. This partnership, formed between Albaraka Türk (ALBRK) and Bahrain's leading participation bank, Al Baraka Islamic Bank, aims to provide innovative services to customers in both countries.

As part of the new service, Albaraka Türk Private Banking customers will be able to easily conduct current and participation account transactions in Bahrain, while customers in Bahrain will have the same capabilities in Turkey. Houssem Ben Haj Amor, CEO of Al Baraka Group, stated that this partnership will significantly enhance the experience of customers in Bahrain and Turkey, saying, "We believe that this service, which will facilitate access to comprehensive and high-quality products, will strengthen our customers' trust and contribute to the growth of trade volume in both countries."

Intersectoral connections and contributions to foreign trade volume This collaboration not only aims to enhance banking services but also to strengthen economic cooperation between Turkey and Bahrain. Malek Temsah, General Manager of Albaraka Türk, mentioned that the agreement represents a step that will empower both the global and local economies. Temsah stated, "This partnership will allow our customers to conduct banking transactions with an unlimited experience and will also support the growth of business volume in both countries."

The collaboration will strengthen Al Baraka Group's global position while increasing trade potential between Bahrain and Turkey. This partnership, initiated with goals such as identifying key sectors influencing foreign trade and exploring new market opportunities, aims to contribute to establishing a strong economic bond between the two countries in the long term.

Goal of enhancing customer experience and service quality Al Baraka Group's initiative aims to provide customers with faster, easier, and more accessible banking solutions. This collaboration, which seeks to elevate the unlimited banking experience, will support customers in opening, managing, and executing transactions in different countries seamlessly.

This innovative step is expected to enhance Al Baraka Group's strength in the global banking arena and contribute to the expansion of economic cooperation between Bahrain and Turkey. It is anticipated that this service, aimed at increasing customer trust and boosting trade volume, will bring a new breath of fresh air to banking operations in both countries.