Team Blitz India
BAHRAIN Commercial Facilities Company (BCFC) has unveiled its cloud-based credit and lending app, Sahel, marking a significant step towards expanding its successful credit and lending business to new markets and client segments through digital experiences.
Developed in collaboration with strategic technology partners Codebase Technologies and Atyaf eSolutions, Sahel capitalises on Bahrain’s robust mobile phone penetration, reaching 142.1 per cent in 2023, and a 99 per cent internet penetration.
Abdulla Bukhowa, CEO of BCFC, expressed his enthusiasm, stating, “We are delighted to announce the official debut of our latest application, ‘Sahel,’ representing a pivotal milestone in both our company’s journey and the broader landscape of digital financial services in the Kingdom of Bahrain, and underscoring our commitment to innovation and the advancement of financial solutions in the digital era.”
Sahel empowers customers to digitally onboard and apply for credit cards, loans, and insurance, manage repayments, access transaction history and statements, and conduct daily banking transactions.