The venture capital bank launches the ‘VCB Online’ platform for its clients


Manama: Venture Capital Bank (VCBank) BSC, the Bahrain-based, Sharia-compliant investment bank, announces the launch of its new online platform, ‘VCB Online’, a mobile application designed to provide clients with a convenient access their investment portfolios digitally.

The new online platform, currently offered in English and Arabic and compatible with iOS and Android operating systems, will provide clients with direct access to updates and real-time information on their investment portfolio, allowing them to view investment statements, updated financial reports, values, and more.

The user-friendly platform has been developed with the dynamic lifestyle of VC Bank customers in mind, in line with the bank’s continuous efforts to develop and improve its services to meet and exceed customer expectations, while maintaining the international market functioning standards.

Mr. Robert C. Wages, CEO of VCBank and Head of Investment and Post-Acquisition, said: “Financial services have recently experienced a digital uplift, particularly with the noticeable decrease in reliance on traditional banking methods. . The launch of “VCB Online” is part of our continued efforts to adapt our operations to the evolving needs of our customers in an ever-changing market. The nature of investment requirements is time sensitive, which is why we have decided to focus on digital portals and provide our clients with a platform to deliver important information in real time, using the latest technology. . This is just the first phase, as we aim to introduce additional features in the future to improve the app and exceed our customers’ expectations.

Ms. Sahar Jaafar Khunji, Head of Investor Relations at VCBank, added: “In close collaboration with the team, we have developed the technical aspects and the onboard functionalities of the platform to be directly aligned with the needs of all our customers. We have focused more on features that add value to our clients, such as direct wallet access, and designed the easy-to-use platform in a way that enables our clients to receive relevant information from the as simple and efficient as possible. “

VCBank is a leading Sharia-compliant alternative asset manager with a primary focus on income-producing real estate assets and selective private equity investments. The bank aims to introduce innovative investment opportunities that would stimulate the growth and development of regional economies by pioneering the provision of venture capital investment opportunities and dedicated support to the SME sector in the MENA region, within an Islamic investment banking framework.

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© Press release 2021