Their meeting discussed the development of the banking sector in light of the third quarter results for the banks.
Discussions also touched on business related issues affecting banks and the economy in the Kingdom of Bahrain and progress with the proposed pre-funded deposit protection scheme; as well as new projects planned by the CBB.
Mr. Al Maraj thanked BAB for the organization of their annual dinner which was held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince as well as the annual reception hosted by BAB on the sidelines of annual meetings of the IMF and World Bank.
The Governor also emphasized the importance of the participation by the BAB in such international events in promoting Bahrain as a financial center and strengthening the communication between the banking and financial sector in Bahrain with its counterparts in the world.
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CBB meets Bahrain Association of Banks
- Bahrain: Tuesday, November 17 - 2009 at 11:12
- PRESS RELEASE
The Central Bank of Bahrain Governor, Mr. Rasheed Al Maraj met today with the Mr. Mayank Malik, Chairman of the Bahrain Association of Banks 'BAB' and other BAB representatives.
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Central Bank of Bahrain (CBB)Contact: External Communications Unit
Tel: +973 17547357/17547360
Posted by Nadeen El AjouTuesday, November 17 - 2009 at 11:12 UAE local time (GMT+4)
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