NBB-BisB integration ‘benefiting employees’

MANAMA: The National Bank of Bahrain (NBB) announced that the integration of Bahrain Islamic Bank into the group has brought improved benefits to all employees under the group umbrella, including comprehensive medical and life insurance benefits.

As a result of the two banks’ integration, improved accessibility of the industry’s leading benefits was extended to all employees within the group.

Employees now receive unified benefits applicable to all across both organisations.

The additional benefits introduced are in line with best market practices.

In addition to the measures that were taken to combat Covid-19, the NBB Group enhanced its insurance policy to include isolation coverage in the list of available benefits.

Furthermore, the group improved current limits for existing benefits, such as maternity, dental and optical coverage.

“The improved medical and life schemes work to ensure that employee well-being, along with that of their families, is taken into account at all times,” said the group chief human resources and sustainability officer Dana Buheji.

“By consolidating our group services and sharing our joint resources across the organisation, our continuous efforts have enabled us to achieve internal economies of scale”.

Protection Insurance Services (PIS) is the employee benefits and insurance services provider for the group, whereas the life insurance provider is Bahrain National Life and the medical insurance provider is Takaful International.

Source: https://www.gdnonline.com/Details/945853/NBB-BisB-integration-%E2%80%98benefiting-employees%E2%80%99