ila Bank partners with Mastercard to launch innovative solutions and expand into new markets

ila Bank, powered by Bank ABC, has partnered with Mastercard to enhance the bank’s proposition across consumer products,
launching new affluent, travel products and loyalty offerings.
ila Bank will leverage Mastercard’s expertise to introduce loyalty program that supports
cardholders’ lifestyle, providing added value across a wide range of areas, including dining,
luxury shopping, travel and priceless experiences. The new product line will also leverage
enhanced fraud solutions and privacy protection to secure every transaction.
Mohamed Almaraj, ila Bank CEO, said, “ila has always been about the customer. We are
proud to have maintained our commitment to offering customer-centric solutions and
experiences in a growingly cashless economy, and this strategic agreement furthers the ila
promise of ‘banking that reflects you’. Renewing our engagement with Mastercard will
strengthen our standing as the frontrunner in the region’s digital payments landscape by offering
the most seamless, secure and future-focused product portfolio that provides unparalleled
premium benefits.”
Adam Jones, Mastercard’s Division President for West Arabia, said, “In line with our shared
commitment to driving innovation across the digital ecosystem, our long-standing relationship
with ila Bank focuses on delivering customer-first solutions that help ensure a secure and
rewarding banking experience. We will continue to provide our partners with enhanced product
offering, supporting regional expansion.”
Mastercard has been a trusted partner of ila Bank from the outset, supporting the bank’s strategy
Together, they have introduced several innovative propositions to the market, including the
multi-currency debit program, the Pay with Rewards loyalty program and the  Mastercard airline
co-brand  with Gulf Air in Bahrain.
Since its establishment in 2019, ila Bank has been dedicated to addressing the dynamic needs
and lifestyles of its customers with bespoke banking solutions. The digital, mobile-only bank,
well-received both domestically and regionally, currently offers a range of card products,
including debit, credit and prepaid cards, that provide unparalleled bonus advantages and a
personalized loyalty reward system.
Other innovative products accessible through the award-winning ila app include smart digital
saving tools, like Hassala and Jamiya, as well as Al Kanz, ila’s prize account that awards
substantial cash prizes to lucky customers throughout the year.
About Mastercard

Mastercard powers economies and empowers people in 200+ countries and territories worldwide.
Together with our customers, we’re building a sustainable economy where everyone can prosper.
We support a wide range of digital payments choices, making transactions secure, simple, smart
and accessible. Our technology and innovation, partnerships and networks combine to deliver a
unique set of products and services that help people, businesses and governments realize their
greatest potential.
www.mastercard.com