ila Bank

ila is Bank ABC’s mobile-only bank. CBB conventional retail-bank class. Beyon Money is a Batelco fintech with a KFH partner. Those two sentences are the Bahrain digital-bank search. Deposit protection follows Bank ABC. Do not open this as a tourist wallet.

Launched 2019 from Bank ABC Tower, Diplomatic Area, Manama. Jordan followed. Directories call it a neobank. This desk calls it Bank ABC without branches. AFS (also ABC-owned) powers cards. alburaq is the Islamic SKU, not a second charter. Beyon Money is the other Bahrain digital file — fintech, not this bank.

ila Bank lists Digital brand of Bank ABC — conventional retail bank under Central Bank of Bahrain in Bahrain. On safeguarding we currently write: CBB retail-bank deposit protection follows Bank ABC, not a separate ila scheme. Confirm live membership and cap.. Holder / issuer line: Bank ABC (Arab Banking Corporation B.S.C.). An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Digital current SKUs — confirm live; FX Bank tariff; ATM Bank ABC / network. This desk would open it for: Bahrain (and Jordan) residents who want Bank ABC with a mobile-only skin.

What it does well: Named CBB retail bank behind the brand; Not Beyon Money’s fintech class; Islamic SKU exists. What to watch: Brand is not a second licence; Bahrain / Jordan KYC; Not a remote IBAN mill. Desk score 7.0 / 10 (safety 8.0, fees 7.2, features 7.0, app 7.8). Last verified 2026-08-30. Headquartered in Manama, Bahrain; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.