Manama, Bahrain, May 27, 2025 (GLOBE NEWSWIRE) -- ila Bank, a subsidiary of Bank ABC , has announced a new collaboration with Mastercard aimed at enhancing the bank's banking offerings to customers, by launching new products dedicated to premium and travel customers, in addition to developing loyalty programs .

This collaboration will enable the bank to leverage Mastercard's advanced payment solutions. ila Bank will launch a new loyalty program in collaboration with Mastercard, providing added value to customers and enhancing their experience in areas such as dining, luxury shopping , travel , and unique experiences . The new products also include advanced privacy and fraud prevention technologies .

On this occasion, Mohammed Al Marraj, CEO of ila Bank, said: “At ila Bank, we always strive to put customer needs at the heart of everything we do and offer. We are proud to maintain our commitment to providing banking solutions and experiences tailored to our customers’ needs, especially at a time when the transformation towards a digital economy is accelerating. This collaboration is an important step towards strengthening our vision to offer a banking experience that reflects our customers’ lifestyle. By renewing our collaboration with Mastercard, we are strengthening our leadership in the digital payments space in the region through a suite of integrated products that combine seamlessness, security, and sophistication, while offering exceptional benefits .”

For his part, Adam Jones, Regional President for Western Arabia at Mastercard, said: " Our ongoing collaboration with ila Bank reflects our shared commitment to driving digital innovation and delivering customer-centric solutions. We are committed to supporting our partners in delivering safer and more efficient banking experiences , by providing integrated solutions and supporting their regional expansion plans ."

Mastercard has been a trusted partner of ila Bank since its inception, supporting its strategy and expansion plans. This collaboration has resulted in the introduction of a range of innovative solutions to the market, most notably the multi-currency card program, the "Pay with Points" loyalty program, and the co-branded Mastercard with Gulf Air in Bahrain .

Since its inception in 2019 , ila Bank has been committed to providing digital banking solutions designed to meet the changing lifestyle needs of its customers. ila is a fully integrated digital bank operating solely through a mobile app, and has gained widespread acceptance locally and regionally . It offers a diverse range of cards, including debit, credit, and prepaid cards, offering exclusive benefits and a rewards system tailored to customer preferences .

The award-winning ila app also offers a number of smart digital savings tools such as Hassala and Jam'iya, as well as Al Kanz, a prize account that gives customers the opportunity to win valuable cash prizes throughout the year .

About Mastercard

Mastercard is committed to supporting economic development and empowering people in more than 200 countries and territories worldwide, dedicating its efforts, in close collaboration with its customers, to building sustainable economies that give everyone, everywhere.

A place of broader horizons for growth and prosperity. The company offers a wide and diverse range of advanced digital payment solutions that facilitate financial transactions and provide them with the highest levels of security, flexibility, and accessibility. Mastercard's leading technology, innovative capabilities, strategic partnerships, and global network contribute to a comprehensive suite of solutions, products, and services aimed at helping individuals, businesses, and governments grow and achieve their full potential .  

www.mastercard.com

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 Maher Albash
M +971 50 188 2508 malbash@webershandwick.com