Wednesday, April 8, 2020

NBB Joins Bahrain Bourse’s Online Trading Service “Bahrain Trade”

In the presence of Shaikh Khalifa bin Ebrahim Al-Khalifa, CEO of Bahrain Bourse and executive management members, the National Bank of Bahrain and Mubasher Financial Services signed on Monday, 2nd of July, 2018 an agreement to enable investors to trade on Bahrain Bourse (BHB) online via the “Bahrain Trade” platform. The agreement was signed by the National Bank of Bahrain’s Chief Executive Officer Mr. Jean-Christophe Durand and General Manager of Mubasher Financial Services Mr. Zaid Aloul at Bahrain Bourse’s premises.

Commenting on the signing of the agreement, National Bank of Bahrain’s Chief Executive – Treasury, Capital Markets & Wealth Management, Mr. Hussain Al Hussaini said “In line with NBB’s commitment to continue enhancing our product and service offering, we’re delighted to announce that we will soon offer our customers the opportunity to trade in Bahraini equities online in cooperation with the Bahrain Bourse and Mubasher. This is another example of the emphasis NBB is putting on providing our customers with new digital services and access, giving them greater flexibility and freedom to transact and manage and build wealth. We look forward to providing online brokerage services through “Bahrain Trade” to our existing clients and providing a robust, secure platform through which we expect to attract other new local, regional and international investors interested in trading Bahraini stocks.”

On his part, CEO of Bahrain Bourse Shaikh Khalifa bin Ebrahim Al-Khalifa, said, “We are pleased to have the National Bank of Bahrain come onboard as a Participating Bank in Bahrain Trade. This solution that goes in line with Bahrain Bourse’s strategy to facilitate investor access is an innovative technology-driven solution provided to meet investors’ ever-changing expectations.”

“Bahrain Trade will enable the National Bank of Bahrain, along with other banks within Bahrain Trade network to facilitate their clients’ access to the Bourse which in turn will widen these institutions’ clients’ services.” Shaikh Khalifa added.

“We are looking forward to having other banks and financial institutions follow the step taken by the National Bank of Bahrain by joining this service to enjoy the range of opportunities that Bahrain Trade can offer to their current and potential clientele base.” Shaikh Khalifa added.

Mr. Zaid Aloul, General Manager of Mubasher Financial Services Financial Services said, “We are pleased to provide this innovative online trading solution to NBB, going in line with our continuous efforts to invest in technology and offer online trading solutions to enhance the trading activity at Bahrain Bourse. ”

It is worth mentioning that Bahrain Trade is an innovative trading solution launched in October 2017.  The solution is being powered by licensed brokers on Bahrain Bourse and has been designed to provide investors with high-tech and safety for execution of transactions as well as convenience and ease of use.

Financial institutions interested in participating in the Bahrain Trade Network may contact Bahrain Bourse’s Marketing and Business Development Team on (+973) 17108780 or email [email protected] for further information.

MOST READ

Foreign Ministry: Over 1200 Bahrainis evacuated from overseas countries

Foreign Ministry Undersecretary Dr. Shaikha Rana bint Isa bin Daij Al-Khalifa released the update number of returnees as she was hosted by the “Be...

BisB Embraces Work-from-Home to Safeguard Employees

Following the directives of the Government encouraging caution and social distancing, and in line with its continuous efforts to safeguard the well-being of its...

CrediMax Appoints Ahmed A. Seyadi as new Chief Executive

CrediMax, the first and leading Issuing and Acquiring Company in Bahrain, announces the appointment of Mr. Ahmed A. Seyadi as the new Chief Executive...

AlMabarrah AlKhalifia Foundation Plans to Launch “Jaser” Remote Work Platform to Support Bahraini Talent

AlMabarrah AlKhalifia Foundation has announced its readiness to implement “Jaser” a first-of-its-kind initiative in the Kingdom of Bahrain, which includes a “Remote Work” platform...

The iGA begins distribution of electronic bracelets compatible with ‘BeAware’ app

In line with the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy...

Skiplino pledges to provide its mobile queueing solution to all Government Agencies, Hospitals and Medical Centers free of charge

Skiplino announced that it will offer its award-winning contactless mobile queue solution free-of-charge for 6 months to all Government Agencies, Hospitals and Medical Centers...

“Together for Bahrain’s Safety” campaign reaches out to needy families

The Supreme Council for Women (SCW) has today started field work as part of the “Together for Bahrain's Safety" which was launched recently. Basic commodities...

HRH Premier’s Ramadan gifts to be distributed

Preparations to distribute His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa’s annual Ramadan gifts have already started, as the relevant officials...

Stay Healthy, Stay Safe by Dhananjay Mahadev Datar

Our Al Adil group has always focused on delivering pure, clean and safe products to customers. Hence we have implemented state-of-the-art technology for packaging,...

Capital Governor: 1100 meals distributed

A total of 1100 meals have been distributed to expatriate workers in the Capital Governorate. The initiative is part of a charity campaign amid precautionary...

AI to Forecast and Predict by: Dr. Jassim Haji

While the world is fire-fighting the COVID-19 virus epidemic and not learning from many past disasters to establish a scientific Disaster Recovery Plans, it...

MENA Fighters unite to support His Highness Shaikh Khaled and BRAVE CF’s campaign against Coronavirus

As events across the globe have been postponed due to spread of Coronavirus (COVID – 19), BRAVE CF was also proactive in postponing their...

The National Taskforce for Combating the COVID-19 highlights measures taken to mitigate spread

The National Taskforce for Combating the Coronavirus (COVID-19) held a press conference at the Crown Prince Centre for Training and Medical Research to highlight...

Bahrain takes part in WHO regional virtual meeting

The World Health Organisation (WHO) Regional Director for East Mediterranean Dr. Ahmed bin Salem Al-Munthari held a virtual meeting to discuss the novel coronavirus...

Zain Bahrain Be Safe Initiative

Zain Bahrain, a leading telecoms operator in the Kingdom, has introduced Be Safe initiative to encourage customers to utilise all Zain digital channels to...