Manama, Bahrain: ila Bank, powered by Bank ABC, has launched ila Bank Personal Loans, a fully digital lending solution, empowering customers with a simple, fast and convenient way to apply for, or transfer, a loan directly through the ila app. To celebrate the launch, customers will also enter a draw for the chance to have up to BD 20,000 of their loan amount paid back.
Designed around customers evolving financial needs and lifestyles, ila Bank Personal loans offer a seamless, end-to-end digital experience. Customers can complete every stage of their loan journey, from application and approval to signing and disbursement, entirely though the ila app, without the need to visit a service centre.
Available from BD1,000, ila Bank Personal Loans offer competitive interest rates and flexible repayment terms, providing customers with greater choice and accessibility to finance their personal goals, manage major life events, or address everyday financial needs.
Customers can also transfer existing loans from other banks in Bahrain to ila Bank, enabling them to consolidate and manage their financial commitments through one user-friendly digital platform.
To mark the launch, customers who apply for a new ila Bank loan or transfer their existing loan from another bank to ila Bank will have the chance to win back up to BHD 20,000 of their loan amount. The campaign runs until 31 March 2027, with two eligible winners to be selected during the draw on 20 April 2027.
“The launch of ila Bank Personal Loans marks another important milestone in our journey to redefine consumer banking in the region. As we continue to expand the ila digital ecosystem, our focus remains on delivering inclusive, accessible and innovative solutions that simplify everyday banking. By empowering customers to complete their entire loan journey through the ila app, we are making access to financing faster, more convenient and more rewarding, helping customers achieve their goals with greater ease and confidence,” Nada Tarada, Head of Business and Customer at ila Bank, said.
