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in 2023, the Bank adopted [[Nutanix]] solutions as part of its [[digital transformation]] strategy, investing in a suite of solutions including Nutanix Database-as-a-Service, Nutanix Files, Nutanix Data Protection, and Nutanix AHV.<ref>{{Cite web |last=Prendergast |first=Robert |date=2023-10-16 |title=Bahrain Islamic Bank to implement Nutanix's solutions |url=https://www.retailbankerinternational.com/news/bahrain-islamic-bank-to-implement-nutanixs-solutions/ |access-date=2023-12-23 |website=Retail Banker International |language=en-US}}</ref>
in 2023, the Bank adopted [[Nutanix]] solutions as part of its [[digital transformation]] strategy, investing in a suite of solutions including Nutanix Database-as-a-Service, Nutanix Files, Nutanix Data Protection, and Nutanix AHV.<ref>{{Cite web |last=Prendergast |first=Robert |date=2023-10-16 |title=Bahrain Islamic Bank to implement Nutanix's solutions |url=https://www.retailbankerinternational.com/news/bahrain-islamic-bank-to-implement-nutanixs-solutions/ |access-date=2023-12-23 |website=Retail Banker International |language=en-US}}</ref><ref>{{Cite web |title=BisB and Nutanix join forces to boost banking in Bahrain |url=https://ibsintelligence.com/ibsi-news/bisb-and-nutanix-join-forces-to-boost-banking-in-bahrain/ |access-date=2023-12-23 |website=IBS Intelligence |language=en-US}}</ref>


== See also ==
== See also ==

Revision as of 16:38, 23 December 2023

Bahrain Islamic Bank
IndustryFinancial services
Founded7 March 1979
HeadquartersAl Salam Tower, Building 722, Road 1708, Block 317, ,
Bahrain
Number of employees
329 (2022)
Websitebisb.com

Bahrain Islamic Bank is a commercial bank based in Manama, Bahrain, founded on 7 March 1979, and started operating from the beginning of the Hijri Year 1400 (2nd of Muharram) which was the 22 November 1979.[1][2]

It is the first islamic bank in the Kingdom of Bahrain, works under supervision of the Central Bank of Bahrain and is listed on the Bahrain Stock Exchange.[3]

In January 2016, the Moody's Investors Service confirmed its ratings and upgraded the standalone baseline credit assessment (BCA) to b3 from caa1.[4]

in 2023, the Bank adopted Nutanix solutions as part of its digital transformation strategy, investing in a suite of solutions including Nutanix Database-as-a-Service, Nutanix Files, Nutanix Data Protection, and Nutanix AHV.[5][6]

See also

References

  1. ^ "بنك البحرين الإسلامي: خطة طموحة لزيادة النمو اعتماداً على الخبرة العميقة في علوم وفنون الصيرفة الإسلامية". 19 November 2004. Retrieved 27 September 2021.
  2. ^ "Company Overview of Bahrain Islamic Bank B.S.C." Retrieved 19 March 2017.
  3. ^ "History". Archived from the original on 1 March 2017. Retrieved 19 March 2017.
  4. ^ "Moody's confirms Bahrain Islamic Bank's Ba3 issuer ratings; upgrades BCA to b3 from caa1 and assigns positive outlook". 26 January 2016. Retrieved 19 March 2017.
  5. ^ Prendergast, Robert (16 October 2023). "Bahrain Islamic Bank to implement Nutanix's solutions". Retail Banker International. Retrieved 23 December 2023.
  6. ^ "BisB and Nutanix join forces to boost banking in Bahrain". IBS Intelligence. Retrieved 23 December 2023.