March 21, 2006
Gulf Daily News: Bahrain Islamic Bank is outsourcing its ATM network and credit card management to Euronet Middle East, a joint venture between Euronet World Wide and Arab Financial Services. Under the deal, the bank will outsource the driving of its existing network of 19 ATMs, the management of its existing 44,000 debit cards and the issuance of its new debit cards to Euronet Middle East, which will manage these operations from its headquarters in Manama, Bahrain. Euronet also will assist the bank in its migration to EMV.