BAB organizes series of meetings on financial disputes’ settlement

BAB organizes series of meetings on financial disputes’ settlement

Adnan Ahmed Yousif Chairman of the Board of Directors of Bahrain Association of Banks Mr. Adnan Ahmed Yousif Chairman of the Board of Directors of Bahrain Association of Banks (BAB), announced that the Association would organize a series of remote meetings with many stakeholders in the government, private and civil sectors to discuss developing mediation to settle disputes in banking and financial issues, given Decree-Law No. (22) of 2019 concerning mediation to resolve disputes. This was announced in his statement during a meeting organized by the Bahrain Association of Banks in cooperation with the Ministry of Justice, Islamic Affairs and Waqf, and the Central Bank of Bahrain during which a visual presentation was made by lawyer Ali Abdullah Al Aradi concerning the definition of mediation and its advantages