BBK and CrediMax partner with Aramex to accelerate regional logistics expansion

15 Jun 2025

BBK, a leader in retail and corporate banking in the Kingdom of Bahrain, and its wholly owned subsidiary, CrediMax, a leading provider of digital payments solutions for individuals and corporates merchants, have entered into a comprehensive financing partnership with Aramex, the leading global provider of comprehensive logistics and transportation solutions. Positioning the global logistics leader to capitalize on accelerating regional trade and e-commerce, BBK will support Aramex’s working capital requirements and regional expansion.

Under the agreement, BBK is a strategic banking partner for Aramex in the region, providing tailored financial solutions that align with the logistics company’s tight expansion timeline. The partnership leverages BBK’s deep regional expertise and Aramex’s established last-mile delivery network to strengthen both companies’ competitive positioning. The partnership will also provide Aramex with enhanced working capital flexibility and funding for operational expansion across key Middle East markets.

Additionally, under this collaboration, CrediMax will provide Aramex with payment acceptance solutions as well as, Corporate Credit Cards facilities for Aramex’s local and international Business.

Commenting on the occasion, Mr. Nadeem Al Kooheji, General Manager of Corporate Banking at BBK, said: “We are pleased to mark this important milestone in our collaboration with Aramex, a globally recognized leader in logistics and transportation. This partnership reflects the caliber of strategic alliances we aim to forge with prominent entities operating in essential economic sectors, and we are confident that the financing facility will play a significant role in supporting Aramex’s regional expansion plans and strengthening its presence across key markets.”

Mr. Yanal Anz, General Manager of Aramex Bahrain, commented: “BBK’s innovative approach to corporate financing gives us the agility to pursue strategic opportunities as they emerge. Their understanding of regional market dynamics and flexible facility structures will be instrumental as we enhance our service capabilities and geographic reach across the Gulf and broader Middle East. With the rising demand for express shipping and transportation services, this strategic alliance will enhance our financial liquidity, optimize supply chain performance, and strengthen our competitive position across the markets we serve.”

Mr. Ahmed Seyadi, Chief Executive Officer of CrediMax, said: “This initiative reinforces CrediMax’s ongoing support for key sectors that contribute to the diversification of Bahrain’s national economy, in line with the goals of Bahrain Economic Vision 2030. We are honored that Aramex has decided to work with CrediMax as its digital payments partner—a testament to the trust placed in our capabilities. This partnership carries with it a responsibility to continue delivering innovative and secured financial solutions that cater to the market needs.”