- As a result of this cooperation, BBK will include Binance’s white label Crypto-as-a-Service offering directly into its Mobile Banking application.
- In order to promote Bahrain’s national aim of becoming a premier crypto-asset trading center in the region, the partnership is being undertaken.
In order to become the first bank and entity in the Gulf Cooperation Council (GCC) to join the Binance Link Program, the Bank of Bahrain and Kuwait (BBK), which is a leader in retail and corporate banking in the Kingdom of Bahrain, has signed a Memorandum of Understanding (MoU) with Binance, which is the largest blockchain ecosystem and crypto-asset exchange in the world. Obtaining final regulatory permission from the Central Bank of Bahrain (CBB) is a prerequisite for making the cooperation official.
It was during the Gateway Gulf Investment Forum Bahrain 2025 that the news was made, and it was a key milestone for the digital finance landscape in the region.
As a result of this cooperation, BBK will include Binance’s white label Crypto-as-a-Service offering directly into its Mobile Banking application. BBK users will be able to trade and manage crypto assets without the need for separate Binance accounts thanks to this integration, which incorporates Plug & Play APIs). Under the BBK Mobile App, there will be a dedicated dashboard that will give a one-stop shop for examining holdings and carrying out transactions. This will allow for the combination of traditional and digital investments under a single platform.
“This partnership reflects BBK’s commitment to innovation and customer-centric digital transformation,” said Mr. Yaser Alsharifi, Group Chief Executive of BBK. “By integrating Binance’s capabilities into our mobile platform, we are empowering our customers with secure, convenient access to a broader range of investment opportunities.”
Mr. Tameem Al Moosawi, General Manager of Binance Bahrain, added: “We are proud to collaborate with BBK on this groundbreaking initiative. This not only enhances financial inclusion but also reinforces Bahrain’s position as a regional leader in crypto-asset innovation.”
Ms. Catherine Chen, Head of VIP & Institutional at Binance stated: “As demand for crypto assets rises globally, we are pleased to collaborate with BBK to help them offer these assets to their clients at scale, unlocking new growth potential.”
In order to promote Bahrain’s national aim of becoming a premier crypto-asset trading center in the region, the partnership is being undertaken. Additionally, it provides support for BBK’s embedded banking strategy, which promises to provide a full suite of financial options, including deposits, conventional investments, and digital assets, all inside a single platform that is easy to use.
Through the BBK Mobile App, users of BBK will have rapid access to Binance’s offerings in addition to BBK’s own financial products after regulatory clearances have been confirmed so that they may take advantage of this opportunity.