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September 22, 2015

National Bank of Bahrain inks card acceptance deal with Chinamex

National Bank of Bahrain (NBB) has signed an agreement to enable card acceptance at all outlets of Dragon City Bahrain located at Diyar Al Muharram.

By Verdict Staff

National Bank of Bahrain (NBB) has signed an agreement to enable card acceptance at all outlets of Dragon City Bahrain located at Diyar Al Muharram.

Dragon City Bahrain is a shopping and wholesale distribution centre, which is managed as well as operated by Chinamex.

The latest deal will enable electronic payments for 790 merchants in the kingdom, and also lead to installation of NBB point of sale terminals at all tenants’ premises, NBB said in a release.

NBB general manager, domestic banking group, Abdul Aziz Abdulla Al Ahmed said: "Although NBB is already one of the largest players in this segment, the arrangement with Dragon City is a major association for us due to the sheer number of new businesses expected to be housed at this complex, which is sure to become an important addition to Bahrain’s leisure and tourism infrastructure.

"NBB, as Bahrain’s very first local bank which introduced card payment solutions to the Kingdom in 1986, is always ready to support initiatives like Dragon City that help increase international trade, boost the local economy and create jobs."

Chinamex Bahrain Management Company general manager Patrick Zheng Shuo added: "Our agreement with NBB will make payment processing easier for the Chinese companies as well as other tenants which will be setting up shop at Dragon City, many of which will be new to the kingdom."

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