Mastercard partners with BIBF to boost financial inclusion

By Delisha Fernandes

Mastercard has joined forces with the Bahrain Institute of Banking and Finance (BIBF), a training and development organisation, to drive financial inclusion in Bahrain and the wider region.

Under this partnership, the BIBF will work with Mastercard Academy, a provider of innovative training solutions in the payments space, to design and deliver customised and scalable digital and physical learning courses.

“In line with its dedication to excellence, the BIBF is keen to build synergies with leading organizations around the world to expand its learning offerings across all major business disciplines and strengthen its capabilities to develop human capital. Our latest collaboration with Mastercard will go a long way in helping us achieve our ambition of becoming the global partner of choice for professional education in the payments industry. We look forward to benefiting from the company’s rich know-how in this field,” said Ahmed AlShaikh, CEO, BIBF.

The two parties will also explore opportunities to support relevant industry events by providing subject matter expert speakers and panelists with the aim of showcasing their thought leadership. In addition, Mastercard will leverage its resources, assets and partners to assist the BIBF in engaging Bahrain’s community with a focus on several target segments, such as students and entrepreneurs.

With access to over 200 experts from across Mastercard’s global network, Mastercard Academy provides the company’s customers and partners with professional insights, skills and knowledge.

Driss Belemlih, Executive Vice President & Customer Delivery Lead, EEMEA, Mastercard, said, “At Mastercard, we are committed to contributing to the growth of Bahrain’s digital economy. With its decades-long legacy and a strong footprint across the local landscape and beyond, BIBF is our ideal partner in boosting financial inclusion in the country and the wider region. Through our collaboration, we seek to leverage our expertise and market knowledge to provide comprehensive financial education that will enhance financial inclusion and unlock greater prosperity for individuals and businesses.”