Pandemic, concessionary measures spoil BBK’s Q3
- Date: 27-Oct-2020
- Source: The Daily Tribune - News of Bahrain
- Sector:Financial Services
- Country:Bahrain
Pandemic, concessionary measures spoil BBK’s Q3
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
BBK yesterday announced that its third quarter performance was adversely impacted by the COVID-19 outbreak and concessionary measures taken to support the domestic business community, as well as new regulations on capping fees and charges.
“The global reduction in the interest rates and the negative economic effects of the COV- ID-19 pandemic are continuing to adversely impact most sectors including the