BisB Holds ‘Innovation Camp’ for BIBF Students

Press release

Published January 2nd, 2020 - 06:48 GMT

BisB Holds ‘Innovation Camp’ for BIBF Students

During the event

Highlights

Bahrain Islamic Bank (BisB), in cooperation with INJAZ Bahrain, recently organized its second ‘Innovation Camp’, a one-day workshop

Bahrain Islamic Bank (BisB), in cooperation with INJAZ Bahrain, recently organized its second ‘Innovation Camp’, a one-day workshop which was held this time around for the students of the Bahrain Institute of Banking & Finance (BIBF) at the Institute’s premises.

Attended by around 90 students from BIBF, the Innovation Camp included a variety of interactive activities, which aimed to test and develop their abilities and skills in leadership, critical thinking, problem solving, communication, and effective teamwork. Facilitated by a number of BisB employees, the students were given the challenge of working in teams in order to develop a new product or service, or improve the Bank’s existing portfolio of services, through brainstorming an innovative solution for the Bank’s Corporate and Institutional division.

The BisB Innovation Camp comes in line with the Bank’s corporate social responsibility platform ‘Jood’, which aims to focus on the pillars of Education and Innovation, aiming to equip future generations with leadership skills and abilities, in order to cultivate an empowered workforce.

The Chief Executive Officer of BisB, Mr. Hassan Amin Jarrar, stated, “At BisB, we are extremely keen on cultivating idea-generation in youth, and involving them in an innovative brainstorming process. We are honoured to collaborate with both INJAZ and BIBF to launch the BisB Innovation Camp, which encourages students – future employees of the financial sector - to think outside the box, and to develop for the Kingdom’s banks and institutions realistic solutions that can be applied right off the bat. This camp truly provides these students with a golden opportunity to enrich their professional competencies and develop critical skills under the expert guidance of trainers and mentors who prepare them to enter the job market."

Background Information

Bahrain Islamic Bank

Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.

At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.