Monday 30 March 2015
 
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benefit

New BENEFIT move boost for ATM customers

A reduction in ATM transaction fees that banks have to pay the Benefit Company has resulted in 50 per cent discount for end users, it has emerged. According to the company's chief executive Abdulwahid Janahi, key initiatives t

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Benefit posts net profit of $6.6m

Bahrain’s Electronic Network for Financial Transactions (Benefit) has reported a net profit of BD2.5 million ($6.6 million) last year compared to BD2.3 million in 2012, a growth of 7.4 per cent. The company recorded BD2.4 mi

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Mercer launches flexible benefits programme

Mercer, a global consulting leader in talent, health, retirement and investments, has launched its flexible benefits offering, customised for the Middle East.   MyChoice by Mercer will enable employers to effectively manage b

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Gulf employee healthcare costs 'higher'

The cost of providing employee health benefits for companies in the Gulf is higher than for those located in the rest of the EMEA (Europe, Middle East and Africa) region, according to a recent report. The Mercer Marsh Benefits rep

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Benefit set to reshape strategy

The current year will be one of reshaping Benefit Company's three-year corporate direction and strategy to take the company forward to new prospects, a report said. In a statement issued after the annual general meeting, the c

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Books, movies 'benefit from digital platforms'

The introduction of new digital platforms has led to increases in the consumption of movies and books, according to a new survey conducted by Deloitte. The survey, which assessed media consumption preferences of 2,000 consumers in the US (

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Books, movies 'benefit from digital platforms'

The introduction of new digital platforms has led to increases in the consumption of movies and books, according to a new survey conducted by Deloitte. The survey, which assessed media consumption preferences of 2,000 consumers in the US (

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Batelco, Benefit participate in workshop

Senior management from Batelco, Bahrain’s leading telecommunications provider and Benefit, Bahrain’s Electronic Network for Financial Transactions, participated in a workshop, held at the company’s headquarters in Hamala recently. Under d

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Bahrain cbank imposes fine on 20 retail banks

Twenty retail banks in Bahrain were fined in May for failing to keep customer records up to date with the Benefit Company. As part of a clampdown, the Central Bank of Bahrain (CBB) has been fining banks BD50 for each account that has error

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Benefit, Network International sign JV

Bahrain Electronic Network for Financial Transactions (Benefit) have signed a joint venture agreement with top card payment solutions provider Network International to provide third-party ATM and card processing services for banks in Bah

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