Al Salam Financial institution’s new Workspaces eases monetary administration for MSMEs 

An ‘Admin Person’ profile may be created on the portal, by which shoppers can handle a number of business registration accounts and profit from self-service options that get rid of the necessity to go to the financial institution, together with funds, wage transfers, worldwide transfers, and investments.

Mohammed Buhijji, Head of Retail Banking at Al Salam Financial institution, commented: “The ‘Workspaces’ portal marks a major milestone in our dedication to empowering MSMEs by offering tailor-made digital providers that help their companies.

“With its easy design and superior options, this platform will convey an unprecedented shift in the way in which organisations handle their funds, along with elevating the banking expertise for SMEs.

“This digital initiative additionally seeks to boost the position of small companies and their contributions to Bahrain’s sustainable financial improvement.”

Haitham Al-Haddad, Head of Digital Channels, added: “Workspaces is designed to fulfill the evolving wants of MSMEs.

“The portal introduces three options for the primary time within the Kingdom –  the swap performance which allows shoppers to entry a number of relationships below a single login, the Admin Person profile for self-service capabilities, and the versatile fee execution with single or multi-user authorisation.”