Bahrain Financing Company opens new outlet

Press release
Published May 8th, 2011 - 01:07 GMT
Ibrahim Nonoo along with Sathyan Pola and Mohammed Faysal
Ibrahim Nonoo along with Sathyan Pola and Mohammed Faysal

Bahrain Financing Company (BFC), the Kingdom’s oldest and most reputed money transfer and foreign exchange group announced the opening of its new retail shop in Bahrain. Located on Budaiya Highway, the strategically well positioned branch was inaugurated by Mr. Ebrahim Nonoo, Managing Director and CEO of BFC Group Holdings in the presence of senior officials from the company and customers, today.

With the opening of the new branch, residents of Budaiya and its surrounding area will now enjoy the convenience of a BFC shop, which will offer all the services that exist at other BFC shops in Bahrain. The branch will remain open between 9:00 am to 1:00 pm in the morning and from 4:00 pm- 8:00 pm in the evening, 7 days a week. In order to relocate to this new location on Budaiya Highway, BFC has closed its shop at the Country Mall in the same locality, last week.

Speaking on the occasion Mr. Ebrahim Nonoo, Managing Director and CEO of BFC said, “Building on our strong distribution network of 25 shops across the Kingdom of Bahrain, we are pleased to announce the opening of BFC’s new retail shop in Budaiya. Recognising the importance of visibility for all BFC branches and in line with our market penetration strategy the Budaiya Highway was chosen for easy accessibility to customers. Going forward, convenience of customers remains our top priority and we will continue to expand our network and services across the region to give our customers one stop international payment solutions using market-leading technology.”

In line with the look and feel of the company’s new corporate identity, the new state-of-the-art shop is located on the main Budaiya Highway, adjacent to the Med Cafe. Offering BFC’s standard personalised services, the shop is equipped with many customer-friendly features including 5 transaction counters.

Committed to evolving, BFC recently introduced the Kingdom’s first dedicated online money transfer service BFC Smart Money that guarantees best exchange rates, and allows customers to securely remit money online to anywhere in the world. In addition, BFC has launched its official Facebook page “BFC Bahrain” as well as a  dedicated Twitter account, where customers can now follow the latest offers, promotions, service updates, live exchange rates and currency converting services online.

As the first foreign exchange company established in Bahrain in 1917, BFC specialises in moving money smartly and efficiently with the best rates in the market. With an extensive global reach covering over 100 countries, BFC offers customers unparalleled service, a vast array of innovative retail products and unbeatable exchange rates.

Background Information

BFC Group Holdings

Bahrain Financing Company (BFC) is the leading Money Transfer and Currency Exchange company in the Kingdom of Bahrain. Whether you’re sending money home to your loved ones or going on holiday and need foreign currency, we have your Money Transfer and Currency Exchange needs covered.

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