BAB forms an Executive Majlis for its members

BAB forms an Executive Majlis for its members

A new Majlis initiative has been launched as announced by the Bahrain Association of Banks (BAB) for its members. Through this initiative, executive leaders are brought together for social and informal meetings in a setting that promotes communication and aids in the development of strong bilateral, collective, and brotherly ties. In addition, it offers a conducive environment for discussing industry problems and developing innovative suggestions and solutions.

The Majlis held its first friendly meeting in the presence of several executive leaders from banking institutions, where the meeting discussed several important topics, including the main challenges facing the financial sector, dealing with rising interest rates globally, ways to use revenues efficiently, and cooperation with the CBB to contribute to the overall development of the banking industry.

Mr. Adnan Yousif, Chairman of BAB, said: “The Majlis is the result of a BAB initiative to bring together members of the Association to discuss the future of the sector and how to foster fruitful cooperation among its institutions, and to continue as it has for a century in serving the Kingdom of Bahrain and contributing alongside the rest of the economic sectors to achieve societal economic prosperity.”

Mr. Adnan expressed his thanks to Kuwait Finance House Bahrain