Tuesday 25 September 2018
 
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Al Maraj

Financial integrity crucial, says CBB chief

Confidence and integrity are the foundation of a stable financial system, said Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj while speaking at the first meeting of the Chartered Institute for Securities and Investment (CISI) in Manama.

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Islamic banks must diversify says top banker

Islamic banks need to diversify their business models away from deal-making fees to survive in a period without pre-crisis liquidity levels, Bahrain's central bank said on Tuesday. "Islamic financial institutions need to build diversified

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Bahrain growth seen at 3-4pc in 2010

Bahrain's economy is poised to grow by 3 to 4 percent in 2010, the country's central bank governor told Arabiya TV. Rasheed Al-Maraj also said that the bank planned to issue a bond worth $1 billion for the government.  Most G

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Bahrain plans safety-net fund for banks

Bahrain is to set up a safety-net fund to guarantee bank customers' deposits in the event of a collapse. Banks will pay into a fund, which will in turn pay out to customers should any bank collapsem, said a top banking official. The plan h

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