Manama: Kuwait Finance House – Bahrain (KFH-Bahrain) has signed an MoU with stc Bahrain, a digital enabler, aimed at expanding the existing partnership between the two organisations and exploring new areas of collaboration in digital solutions. This includes opportunities to develop and integrate additional use cases, alongside the continued enhancement of digital capabilities in cash management, reconciliation solutions and trade finance.
The MoU was signed on the sidelines of FinTech Forward 2026, where KFH-Bahrain is participating as a Diamond Sponsor. The forum brings together leading figures from the financial and technology sectors, alongside innovators, to explore opportunities for collaboration and discuss developments shaping the future of financial services.
The partnership reflects KFH-Bahrain’s commitment to strengthening its strategic relationship with stc Bahrain by providing specialised trade finance and payment management solutions, alongside advanced tools for automated reporting and reconciliation of financial transactions in line with stc Bahrain’s operational requirements and strategic objectives.
Through close collaboration between the two organisations, the Bank aims to explore new opportunities to enhance operational efficiency, streamline financial processes, advance digital transformation and deliver a more integrated and value-driven banking experience for the business sector.
“We are proud to further develop our partnership with stc Bahrain and explore new areas of collaboration, reflecting our belief in the importance of strategic partnerships in accelerating digital transformation and developing banking solutions that respond to corporate needs and support business growth,” Mohamed Assem, Deputy Group CEO for Corporate Banking at KFH-Bahrain, said.
“Through this partnership, we continue to build on our collaboration with KFH-Bahrain and explore opportunities to use both organisations’ digital capabilities to enhance efficiency and deliver added value. This supports the development of integrated solutions that meet the needs of the business sector, helping businesses manage their operations more effectively and achieve sustainable growth,” Ahmed Al Jowder, Chief Finance Officer at stc Bahrain, said.
