Bahrain central bank plans to offer digital Dinar - Sky News Arabia

The central bank also aims to gradually raise the share of financing for small- and medium-sized enterprises to 20% of the financial portfolios of local banks

  
The Central Bank of Bahrain is seen in Manama. Image for illustrative purposes.

The Central Bank of Bahrain is seen in Manama. Image for illustrative purposes.

REUTERS/Hamad I Mohammed

The Central Bank of Bahrain plans to offer a digital Dinar through a digital payments platform which will be available around the clock, Sky News Arabia reported on Sunday.

The central bank also aims to gradually raise the share of financing for small- and medium-sized enterprises to 20% of the financial portfolios of local banks by the end of 2025, Sky News cited the bank as saying.

(Reporting by Shakeel Ahmad; Editing by David Clarke)


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