Bahrain’s banks should serve as a catalyst to economic recovery
- Date: 08-Aug-2020
- Source: 24×7 News
- Sector:Financial Services
- Country:Bahrain
Bahrain’s banks should serve as a catalyst to economic recovery
Manama: Banks in Bahrain must play a major role in
helping the national economy recover from the global Coronavirus (COVID-19)
outbreak and, to do so effectively, will need the ongoing support of all
stakeholders, particularly the Government, said a senior Bahrain banker.
Ahmed Abdul Rahim, who is the Chief Executive Officer of
Ithmaar Bank, a Bahrain-based Islamic retail bank, as well as the Deputy
Chairman of the Bahrain Association of Banks (BAB), said this shared focus on
economic recovery will help shape the Kingdom's new, post-COVID-19 reality and
pave the way for continued economic growth and prosperity.
“The Kingdom of Bahrain has earned glowing international
praise and recognition,