Manama, Kingdom of Bahrain – 7 October 2026  – Bahrain Development Bank (BDB), the leading bank supporting small and medium-sized enterprises in the Kingdom of Bahrain, has signed a cooperation agreement with SINNAD, a leading regional provider of card processing and digital payment services and a subsidiary of The BENEFIT Company. The initiative forms part of BDB’s ongoing efforts to strengthen the quality and accessibility of its services by adopting efficient and flexible solutions built around the evolving requirements of entrepreneurs and SMEs.

Under the agreement, BDB will draw on SINNAD’s technology expertise and specialised solutions to further enhance operational efficiency, streamline processes, and transition towards a more integrated approach to service delivery.

Commenting on the occasion, Mr. Ali Yusuf Al Aradi, Chief Banking Officer of BDB, said, “At BDB, we are consistently looking at how we can make our customer experience simpler, faster, and more responsive to market needs. Our agreement with SINNAD gives us access to specialist capabilities that can advance this objective and strengthen the way we support entrepreneurs and SMEs across the Kingdom.”

He added, “For a development bank, the quality of the customer journey is closely linked to the impact it can create. Making it easier for businesses to access our financing solutions and support they require allows us to serve them more effectively at different stages of their growth. We will therefore continue to invest in partnerships and solutions that make those interactions increasingly efficient.”

For his part, Mr. Mahmood Al Alwan, Assistant General Manager – Business Development at SINNAD, stated, “This new collaboration with BDB reflects our shared vision for harnessing innovation to develop banking services that impactfully elevate the customer experience. Through our advanced capabilities in digital payments and customer support, we look forward to enabling the Bank to deliver more seamless and flexible services that support its ambitions to provide a comprehensively connected customer banking experience.”

The collaboration reflects BDB’s continued commitment to developing its service ecosystem in line with the highest customer experience standards. Through partnerships that help strengthen its service accessibility, BDB continues to reinforce its role in empowering entrepreneurs and SMEs while contributing to the growth of the Kingdom’s business sector.