A. Karim Bucheery Chief Executive, who honoured 63 employees as part of its annual Service Award Ceremony at the Gulf Hotel, in an exclusive statement told 24X7 News that the two JVs in Kuwait would give a new dimension to the services being offered by the bank especially the NRIs in Kuwaiti market.
“We had already applied for the two offshore branches in India to further consolidate bank’s business base in India and still awaiting for the approval from the Reserve Bank of India,” Bucheery explained.
In Bahrain, BBK CEO said, the bank had achieved good results in the Q1 2012 with a 3% increase in profits comparable with the Q1 last year and the bank was taking all possible measures to consolidate the business base in Bahrain.
Bucheery referring to the BBK’s four ATMs and one Financial Mall which have been targeted by thugs said that the bank was reviewing the possibility of restoring the ATMs in Jidhafs, Budaiya, Salmabad and at Round 22 in Hamad Town.
He deplored such acts and said vandalism might deter bank to offer services at the door steps of the customers across the country. However, he said that the attack on Budaiya Financial Mall which targeted mainly the infrastructure was restored by the bank immediately.
On the occasion of Labor Day, BBK celebrates the loyalty of 63 long-standing employees at a ceremony headed by the Chief Executive A.Karim Bucheery which was hosted at the Gulf Hotel Convention Centre.
The 63 BBK employees were awarded for their 35, 30, 25, 20, 15 and 10 years of service with cash prizes and recognition plaques. Following the honoring ceremony a luncheon was held in their honor, attended by the Executive Management team.
A.Karim Bucheery thanked the employees for their notable contributions to BBK’s development and their loyalty to the organization. He emphasized on BBK’s strategy to build the Bank’s human capabilities and invest in training in order to retain talented individuals.
“We believe our people are our number one asset with the highest degree of competence, integrity and professionalism. In 2011, BBK was able to produce an acceptable financial performance thanks to the excellence of the people that we work with. The Bank is proud to embrace a team of experts and of high caliber standard individuals, and will continue to invest in its employees capabilities through specialized training programs within and outside the Kingdom,” addressing the group, Bucheery said.
“The Bank always strives to reward its employees in various ways through schemes such as the Employee of the Month, Star Service Excellence Award, as well as the years of Service Award,” A.Hussain Bustani, Assistant General Manager, Human Resources and Administration, said stressing that the Bank’s priority will remain on retention of talent especially in light of the growing competition.
The award ceremony, which is held on an annual basis, is part of BBK’s approach to reward its employees’ dedication and appreciate their continuous efforts and loyalty.