MANAMA, June 16 -- Al Baraka Banking Group B.S.C, (ABG)a Bahrain-headquartered Islamic banking major, and Eazy Financial Services B.S.C (c) (Eazy), have signed a Memorandum of Understanding (MoU) paving the way to conduct a feasibility study for deploying biometric payment network and digital banking services across ABG's network of Banking Units spread across 17 countries.

Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group and Dr. Nayef Tawfiq Al Alawi, Managing Director, Chief Executive at Eazy signed the MoU.

"On behalf of ABG it gives me great pleasure to announce our partnership with Eazy towards the provision of such a revolutionary, game-changing service to our customers," Mr. Adnan Ahmed Yousif, Pre...