Wednesday 20 September 2017
 
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CBB

New Bahrain Islamic banking rules are credit positive: Moody's

The Central Bank of Bahrain's (CBB) new Shari’ah governance regulations applicable to wholesale and retail Islamic banks in Bahrain are credit positive for investors because they will lead to a more consistent and robust system for ens

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Two FinTech firms join Bahrain's regulatory sandbox

The Central Bank of Bahrain (CBB) has announced two entrants into its regulatory sandbox, which provides a virtual space for companies to test their financial technology based solutions. They are: Tramonex, a London-based forex ca

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New Bahrain laws a major boost to financial sector

Bahrain’s latest three financial laws were the focus of an outreach programme introduced by the Economic Development Board (EDB) in partnership with the Central Bank of Bahrain (CBB). The programme aims to explain the import

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CBB introduces new features to banknotes

The Central Bank of Bahrain has announced that it will issue the BD5, BD1 and BD1/2 denominations of the fourth issue of the Bahraini dinar, with a change in the position and size of the identification feature for the visually impaired.

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CBB plans to shut down Future Bank

The Central Bank of Bahrain (CBB) has announced plans to close down Future Bank, a joint venture between two Iranian lenders – Bank Saderat and Bank Melli – and Bahrain’s Ahli United Bank, said a report. The CBB

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No change in Bahrain Dinar to Dollar exchange rate, says CBB

Bahrain’s Central Bank of Bahrain has confirmed that the dinar to dollar exchange rate remains unchanged. The clarification from CBB comes following reports circulating on social media, quoting popular currency converter XE,

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Bahrain's insurance sector stays steady

Gross premiums/contributions generated by Bahrain’s domestic insurance sector amounted to BD272.09 million ($721.72 million) in 2015, compared to BD273.95 million ($726.66 million) in 2014, a Central Bank of Bahrain (CBB) report said.

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Bahrain eyes SPV regional hub status

The Bahrain Asset Managers Association (Bama) hosted a high level panel discussion to position the kingdom as an ideal regional and international hub for special purpose vehicles (SPVs). The key roundtable meeting on “SPV an

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Bahrain central bank warns over remittances tax move

The Central Bank of Bahrain (CBB) has warned about the fallout of taxes on remittances and other 'foreign transactions', said a report. Such a move will damage national economy and may have serious implications for Bahrain

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Shaikha Hessa to speak at top finance forum

Shaikha Hessa bint Khalifa Al Khalifa has been confirmed as a speaker at the Women in the Financial and Banking Sector Conference, the Central Bank of Bahrain (CBB) and the Supreme Council for Women (SCW) announced yesterday (November 22).&nbs

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