Partior Partners With National Bank of Bahrain to Explore On-Chain Dinar Settlement

Under the proposed arrangement, NBB could serve as a settlement bank for the Bahraini dinar on Partior’s network. However, both companies will first evaluate the operating model, technical feasibility, implementation requirements and applicable regulations before deciding whether to move forward.

NBB and Partior to Assess Dinar Settlement

The agreement provides a framework for NBB and Partior to examine how the bank’s local market expertise and infrastructure could support Bahraini dinar settlement through blockchain-based financial infrastructure.

Vineet Munot, Group Head of Transaction Banking at NBB, said the bank would assess the technical, operational and regulatory implications of joining new settlement infrastructure.

Partior CEO Humphrey Valenbreder said the collaboration could expand the range of currencies supported by the network and build on the company’s presence in Gulf Cooperation Council (GCC) markets.

Partior’s Multi-Bank Settlement Network

Partior operates a blockchain-based, multi-bank settlement network designed to support cross-border financial transactions. Its infrastructure aims to improve how participating financial institutions process settlements across currencies and markets.

The potential addition of the Bahraini dinar could broaden the network’s currency coverage and provide participating banks with another option for managing cross-border settlement flows. However, the benefits and feasibility of the proposed Bahrain integration will depend on the outcome of the evaluation.

About National Bank of Bahrain

National Bank of Bahrain is a Bahrain-based financial institution providing banking and financial services to individuals, businesses and corporate customers. The bank offers services across retail banking, corporate banking and transaction banking, supporting financial activities in Bahrain and the wider region.

About Partior

Partior is a blockchain-based financial technology company that develops multi-bank settlement infrastructure for cross-border payments and financial transactions. Its network is designed to support participating banks in processing transactions across currencies and markets.

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