BBK excels in digital investors relations and ranks 5th in Middle East region
- Bahrain: Thursday, December 20 - 2012 at 13:19
- PRESS RELEASE
BBK, Bahrain pioneer in retail banking has won the 5th position amongst 138 listed organizations in the Moddle East in the 2012 M:Communications / KWD Webranking Middle East survey that annually reviews corporate websites across the region based on the requirements of the investment community. BBK moved forward 41 ranks in the classification against last year.
The survey is held annually and aims at assessing corporate websites of the largest listed companies in the Middle East and how they address the online information needs of the capital market.
It shows that an increasing number of companies are turning to online channels to communicate with shareholders, disclosing more in their websites including financials, corporate governance, CSR initiatives and company news.
Commenting on this occasion, BBK Chief Executive Mr. Abdulkarim Bucheeri, said, "We are proud of our ranking in the M:Communications / KWD Webranking Middle East survey and we are pleased to have won 1st position amongst Bahrain listed banking institutions. This is a key accomplishment for BBK which vividly reflects our pioneering position in providing the latest technologies and our constant desire to strive to provide superior services to our customer base through our website."
The Bank has an open policy on communication with its stakeholders and has adopted a communication disclosure policy consistent with Basel II requirements. It provides information on all events that merit announcement, either on its website bbkonline.com or through other forms of publication.
The Bank's annual report and three years financial statements are also published on the website, as well as the Bank's Corporate Governance report, Corporate Governance Framework, Whistle Blowing policy, Board Charter, Code of Conduct, Key Persons' dealing policy and Terms of Reference of all Board Committees. Shareholders can complete an online form which can be found on the website to forward any queries they may have.
"Corporate websites have become the first stop for anyone seeking information about a specific company," said Nicholas Lunt, Managing Director of M: Communications, the company that conducts the survey in the region each year. "Listed companies today are compelled to use online channels, including social media, to tell their story and communicate their investment case beyond simply reporting the numbers - it is the most direct route to reach their target audiences and the most cost-effective way of attracting investors," he added.
"The top ten best performing Middle Eastern companies this year are increasingly making use of more advanced methods to engage with key audiences," said Phil Marchant, Managing Director (UK) of KW Digital, M:Communications' sister company and one of the world's leading digital IR consultancies. "Many are now actively using social media outlets such as Twitter, Facebook and LinkedIn to talk about their latest financial report, CSR campaigns, corporate events and general news about the company," he added.
BBK not only strives to provide superior banking products and services to its valued customers whether individuals, companies or investors but also to offer them the highest levels of safety and convenience to manage their financial needs with the least effort possible.
Its e-banking solutions which provide new generation services through its user friendly award winning website www.bbkonline.com has kept BBK at the forefront and maintain its pioneering position.
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.