Business & Finance Club - Manama : Bahrain’s Khaleeji Commercial Bank (KHCB) has signed a deal with Noono Exchange Company to act as a cash collector agent on behalf of the bank.

Currently, the agreement will be implemented on the Al Waffer savings account in the agent's branch at Bahrain Mall.

The alliance between KHCB and Nonoo Exchange will provide better services to all KHCB customers and give them deposit flexibility for the Al Waffer accounts.

'We are proud to be associated with Nonoo Exchange Company and we are looking at better ways to service our customers,' said Fuad Taqi, KHCB deputy general manager and head of commercial banking.

'Nonoo is dedicated to ensuring that any institution or individual that uses our service will get the best experience possible and we are very pleased to have this association with KHCB who are an ideal partner to this concept,' Nonoo Exchange chief executive officer Robert Moxon said.

The partnership between KHCB and Nonoo Exchange is expected to expand in the near future to cover all the branches of Nonoo Exchange in Bahrain.

This will be an advantage to the services provided to Al Waffer account holders and is aligned with KHCB's plan to better service its customers in Bahrain, the bank said.