Bahrain bank waives loan fees for COVID vaccinated customers to encourage jab uptake
March 9, 2021, 10:38 am

Bahrain bank waives loan fees for COVID vaccinated customers to encourage jab uptake

A woman displays her COVID-19 vaccine certificate in front of the Bahrain International Exhibition and Convention Center in the capital Manama, on December 24, 2020. (File photo: AFP)

A Bahraini bank is waiving loan fees for customers vaccinated against COVID-19 in the latest regional initiative aimed at encouraging uptake of the jab. bank

Recent announcements across the GCC have included discounted driving lessons, free coffee and complimentary taxi journeys.

Last week Bahrain Grand Prix announced that those vaccinated or who had recovered from the virus would be eligible to buy tickets for this year's Formula One season opener.

In the latest announcement, Al Salam Bank is offering financing solutions with no administrative fees, including personal and property facilities as well as the Mazaya social housing program. bank

To benefit from the offer, customers will be required to show an official medical certificate or the Kingdom's 'BeAware' application as confirmation of their status. bank

Al Salam Bank's Head of Retail Banking Mohammed Buhijji said: “We are proud to launch the Al Salam Initiative, which aims to encourage all eligible members of the Bahraini community to take the vaccine against COVID-19, as a crucial step towards protecting themselves as individuals as well as the greater community.

“Granting a waiver of administrative fees on all financing facilities to all our customers who have been vaccinated is a reflection of our ongoing support to the public during the current circumstances.”

Earlier this month a mall in Bahrain announced it has also been letting food trucks and stalls feeling the financial pressure of the COVID-19 pandemic use its car park for free in an effort to boost local businesses.

Al Aali Mall, in the capital Manama, has removed outdoor food vendor rental charges this winter. bank

source: Jennifer Bell

Image source: AFP

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”