The Bahrain Institute of Banking and Finance (BIBF) and Saudi Arabia’s Bank Albilad have signed a co-operation agreement to deliver specialized training programs under the ‘Albilad AI’ program.
The agreement reflects both organizations’ commitment to developing national talent, improving digital readiness and helping employees use artificial intelligence in the banking sector.
The agreement comes as banks and financial institutions continue to adopt AI at a faster pace. The program will give Bank Albilad employees the practical knowledge and skills they need to understand and use AI technologies. It will also help improve operational efficiency, support innovation, and enhance the customer experience.
Under the agreement, BIBF will design and deliver the training programs in line with the latest international practices.
The programs will provide participants with advanced skills to use AI across different areas of banking and financial services.
The partnership reflects the commitment of both organizations to investing in people and preparing skilled professionals who can keep up with rapid technological change. It will also help employees make better use of the opportunities offered by AI to support growth and innovation.
Dr. Ahmed Al Shaikh CEO – BIBF
“We are pleased to work with Bank Albilad on this important initiative, which reflects our shared commitment to developing people and helping them benefit from the opportunities offered by artificial intelligence. The ‘Albilad AI’ program also reflects our commitment to providing modern learning and training experiences that improve digital readiness and support organizational transformation in the banking and financial sector.”
Bank Albilad General Manager of Human Resources Excellence Yasser Sulaiman Al-Dukhail said that, “Investing in our employees and developing their skills is a key part of Bank Albilad’s strategy for innovation and organizational excellence.
“Through our partnership with BIBF, we aim to provide our national talent with advanced AI skills. This will help improve operational efficiency, support the delivery of more advanced banking services to our customers, and contribute to Saudi Arabia’s digital transformation goals,” Al-Dukhail added.
The agreement is an important step towards building a stronger culture of innovation and encouraging the use of emerging technologies in the banking sector. It will support the strategic goals of both organizations and contribute to the development of the financial sector across the region.
