Manama, 27th February, 2017

Bahrain Financing Company which is part of the 100 year old BFC Group, celebrating its centenary year in 2017, opened its 47th branch yesterday in the Wadi Al Sail Mall at West Riffa. The first 100 lucky customers transacting at the branch were the lucky winners of gold coins.

The branch is located in the basement of the mall and will be open 9am to 10pm, seven days a week, offering BFC’s diverse range of fast and reliable international money transfer products, including EzRemit and MoneyGram, plus a choice of over 60 global currencies to buy or sell at market leading exchange rates.

The Wadi Al Sail Mall which opened its doors to public in January this year will have its first BFC Exchange outlet catering especially to the people of that region. Commenting on BFC’s move into the Wadi Al Sail Mall, Mr. Pancily Varkay, General Manager of BFC Group said, “We always want to be near our customers and provide them with convenient branch locations. The Wadi Al Sail mall is an addition to Bahrain’s burgeoning retail sector and will be a new destination for the residents of Riffa.  Our idea is to provide superior quality service and convenience of location to existing and future customers from Riffa and the surrounding region”.

BFC currently has 49 branches across the Kingdom of Bahrain and specialises in sending money around the globe safely and quickly to over 40,000 locations in 30 countries, through its own money transfer product – EzRemit.  Its global reach is extended to over 200 countries through its partnership with MoneyGram an international remittance company.  With Smart Money, the online money transfer service of BFC, you can now send money online to over 150 countries.  BFC is the main provider of foreign currency exchange in Bahrain and customers can buy or sell foreign currency at the most competitive rates in the market from any of the BFC branches.

-Ends-

About BFC Group Holdings 
BFC Group Holdings (BFC Group / The Group) is the holding company for Bahrain Financing Company (BFC), Bahrain, Bahrain Exchange Company (BEC), Kuwait, BFC Exchange Limited (formerly EzRemit Limited), United Kingdom, BFC Forex & Financial Services PVT Ltd (BFC Forex), India and BFC Exchange Malaysia Sdn.Bhd. (BFC Exchange), Malaysia.  The Group specializes in sending and receiving money securely and efficiently across the globe and offers foreign currency exchange solutions at the best available rates.  With a history of 100 years, BFC Group continues to grow its retail network and currently has over 120 branches located across the world. Its money transfers product – EzRemit - is also present in over 30 countries with more than 40,000 agent locations worldwide. In addition, BFC Group also has an extensive global reach of over 200 countries through its partnership with MoneyGram – an international money transfer company.  For more information visit www.bfcgroupholdings.com .

Issued on behalf of BFC Group Holdings by FROM6

For press information contact:
Atreyi Basu
Group Marketing Manager
BFC Group Holdings WLL
atreyi.basu@bfcgroupholdings.com

© Press Release 2017