ATM cash withdrawal fees in Bahrain will be cut from 200 fils ($0.52) to 100 fils from April 1, said a top official.
The move was approved by the board of directors of Bahrain’s Electronic Network for Financial Transactions
Kuwait Finance House – Bahrain, a leading provider of Islamic investment, has announced its participation in the direct debit service of The Benefit Company, which operates the cash machine (ATM) network in the kingdom.
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The Central Bank of Bahrain (CBB) and the Benefit Company, which operates the cash machine (ATM) network in the kingdom, announced that the new Bahrain Cheque Truncation System (BCTS) will commence operations on May 13.
The Benefit Company's board is recommending a dividend of 25 per cent on its share capital after seeing profit move ahead last year.
The Bahrain-based company, which provides services to financial institutions saw, net profit up 7 per cent
Sinnad, the Network International and the Benefit Company joint venture, which provides third-party ATM and card processing services, recently inaugurated its new office in Bahrain.
'Sinnad’s vision and goals are to pursue strategic pa