Manama, Bahrain, 10th September 2015

Khaleeji Commercial Bank (KHCB), one of Bahrain's leading Islamic retail banks, officially inaugurated its brand new commercial branch in Isa Town on the 10th of September 2015, raising the total number of its branches in the Kingdom of Bahrain to ten.

The inauguration ceremony was attended by Dr. Ahmed Al Mutawa, Chairman of KHCB's Board of Directors, Mr. Khalil Al Meer, Chief Executive Officer, senior members of the management team, staff members and representatives of the media.

Speaking on this auspicious occasion, KHCB Chairman, Dr. Ahmed Al Mutawa said: "We are delighted to have yet again expanded our locations across the Kingdom as it will be immensely beneficial for those residents located in Isa Town and its surrounding areas. Having more branches in different areas is in line with our strategy to become logistically closer to our existing and future clients, thus maximizing our market share in this domain."

From his side the Chief Executive Officer of KHCB, Mr. Khalil Al Meer mentioned: "As a result of strong growth in business, there is an expansion plan of opening even more branches in the future, while still riding the wave of introducing more innovative and comprehensive products and services. This aims to ensure that banking with KHCB continues to remain a pleasurable service for customers, which will result in establishing lifelong relations with our clients."

The new KHCB branch in Isa Town will offer the entire bank's Shari'a compliant retail banking services which include opening and operating the various types of accounts such as current and savings accounts, as well as an Al Waffer account. Customers can also apply for credit cards and for financing products for personal, auto and real estate purposes at KHCB's newest branch. In addition to other retail and corporate banking services offered through the branch, there is an ATM with comprehensive functions to compliment the services provided.

The new branch will offer customers a selection of financial services made for both individual customers and business customers in order to meet their banking requirements. The bank also offers state of the art electronic and mobile banking services through its Online Banking portal and E-dinar payment gateway to enable its customers to benefit from a comprehensive banking experience.

Headquartered in the Kingdom of Bahrain, Khaleeji Commercial Bank BSC is a leading Islamic retail bank, providing a comprehensive range of high quality Shari'a compliant banking services and investment solutions to both individual customers and corporate clients.

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© Press Release 2015