Bahrain Association of Banks (BAB) Chairman Abdulkarim Bucheeri, who is also CEO of the BBK, while addressing the annual gala dinner of BAB, extended thanks to HRH Prince Salman for patronizing the annual event, hailing his keenness on promoting the banking sector in recognition of its strategic role in promoting Bahrain’s status in the global investment market.
His Royal Highness Prince Salman bin Hamad Al-Khalifa, Crown Prince and Deputy Supreme Commander, deputized Central Bank of Bahrain Governor Rasheed Al-Maraj to attend the annual dinner banquet hosted by the Bankers Association of Bahrain (BAB).
BAB Chief commended the banking sector for boosting the Gross Domestic Product (GDP) by over 26 per cent, pointing out the increasing number of financial firms licensed by the Central Bank of Bahrain.
JP Morgan executive director for the Middle East and North Africa (MENA) Sjoerd Leenart pointed out the global economic trends and challenges confronting the banking sector in Europe, highlighting their repercussions on the GCC clients.
He stressed the importance of attracting capitals to the GCC member states and creating investment opportunities for the Gulf companies to withstand challenges.
Crown Prince’s Court Advisor for political and economic advisor Shaikh Mohammed bin Isa Al-Khalifa, Head of Crown Prince’s Court Shaikh Khalifa bin Daij Al-Khalifa and senior banking officials attended.