CBB holds 4th Board meeting for 2020

SectorFinancial Services

The Central Bank of Bahrain’s (CBB) Board of Directors held it’s fourth meeting for the year 2020, chaired by Mr. Hassan Khalifa Al-Jalahma on Sunday, 11th October 2020. The Board reviewed the topics on the agenda, including the CBB’s performance report and latest developments in the financial sector for the third quarter of 2020. The Board was also briefed on the measures taken by CBB based on the royal directives from the Cabinet meeting which was held on 14th September 2020, urging all banks to defer loan payments until the end of the year in a manner that does not affect the banks’ liquidity and financial solvency. The Board expressed their appreciation to the banks, financing companies and microfinance institutions on their positive response to the postponement of ...read more...