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Sunday, November 29 - 2009

KHCB signs key training deal with BIBF

The Khaleeji Commercial Bank (KHCB) has announced signing a new joint partnership agreement with the Bahrain Institute of Banking & Finance (BIBF) to join the graduates training and career development program conducted by BIBF in cooperation with Tamkeen.

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  • BIBF and KHCB signing.
    BIBF and KHCB signing.
The training program provides a scenario for the selection and recruitment of new university graduates in developing their skills through career training programs. The program aims at refining and preparing graduates to become professionally qualified for leadership positions in the banking and financial sector, including credit risk, treasury, investment, financial control and human resources.

On this occasion, Mr. Ebrahim H. Ebrahim, the Chief Executive Officer and Board member of KHCB said:

"KHCB is keen, through the partnership in this program; to providing support to programs designed to train university graduates that will qualify them in joining banking and financial institutions and to develop them through practice. This initiative on the part of KHCB is part of the Bank's social responsibility and is a well-conceived ongoing contribution for the benefit of the community in which we operate".


Mr. Ebrahim added: "There is no doubt that the program offered by BIBF and TAMKEEN is one of the leading programs in this field. The Bank is keen to support such programs in order to attain the desired objective."

BIBF's Director, Garry Muriwai, said "It is pleasing to have the KHCB partnership in place supporting our training program for the selection and training of graduates for leadership positions within the Kingdom's financial institutions. Having KHCB join 13 other major financial institutions in the program reflects both the importance of the graduate program and in particular KHCB's visionary attitude in the current climate supporting the development of Bahrain's young graduates and strengthening the country's human capital."

The program is divided into four areas including the selection and preparation of graduates for work and training for a certificate of professional competence, as well as for post-graduate training.

Eligible graduates will be invited to join the program by advertising in the media and by visiting universities to introduce the program first-hand to undergraduates.
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Notes and media contacts

About Khaleeji Commercial Bank (KHCB):

Khaleeji Commercial Bank BSC (KHCB) is an Islamic bank, headquartered in the Kingdom of Bahrain, and operating under a Retail Islamic Banking license granted by the Central Bank of Bahrain (CBB). It is a Public Bahraini Shareholding Company listed on the Bahrain Stock Exchange. KHCB offers a comprehensive range of innovative banking and Investment products and services to high net worth individuals, corporate entities, and financial institutions. These include commercial and corporate banking, wealth management, structured investment products and project financing facilities. The bank seeks to expand its network of strategic alliances with other financial institutions and business partners to source new and mutually beneficial investment and financing opportunities.

About the Bahrain Institute of Banking and Finance (BIBF):

BIBF is a leading professional training Institute in Bahrain and the Gulf Region. It was founded in 1981 to provide essential training for the banking community in Bahrain. Since then it has evolved into an internationally recognized training and development organization where over 100,000 students have attended courses since its inception. BIBF enjoys strategic relationships with internationally recognized professional organization which deliver programs jointly with BIBF such as:
• Federal Reserve System, USA
• Securities and Exchange Commission, (USA)
• Darden Graduate School of Business (University of Virginia, USA),
• DePaul University, (USA)
• University of Wales, (UK)
• University of Cambridge International Examinations, (UK)
• ifs School of Finance, (UK)
• Association of Chartered Certified Accountants (UK)

For more information:

Sobah A.Rahman Al Zayani
Officer-Corporate Communications
Khaleeji Commercial Bank BSC
T. +973 17 505050
F. +973 17 100017
Direct+973 17 505546
Harbour Tower East, Bahrain Financial Harbour
PO Box 10006
Manama, Kingdom of Bahrain

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