Tuesday 25 February 2020
 
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CBB

CBB issues draft rules on crypto-asset platform operators

The Central Bank of Bahrain (CBB) has issued, for consultation, the draft rules on crypto-asset platform operators which provides a regulatory framework for the licensing and supervision of crypto-asset services including those provided by a pla

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Bahrain cbank revises crowdfunding rules

The Central Bank of Bahrain (CBB) today expanded the scope of the services covered under the existing rules on 'crowdfunding'.     The revisions made to the existing crowdfunding rules include a

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Bahrain eyes open banking; CBB issues draft rules

The Central Bank of Bahrain (CBB) today issued for consultation the draft rules on “open banking”, which is a relatively new concept based on the idea of interconnecting licensed retail banks and other financial institutions to Fin

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Bank ABC wins CBB nod for share price liquidity

Bank ABC, a leading player in the region’s banking industry, said it has obtained approval from the Central Bank of Bahrain (CBB) to appoint a market maker for enhancing the liquidity of its share trading on the Bahrain Bourse.

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CBB raises key policy interest rates

The Central Bank of Bahrain (CBB) said it has raised its key policy interest rate by 25 basis points. The move comes following the US Federal Reserve decision to raise its target range for the federal funds interest rate. Announcing the

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Bahrain issues $1bn sukuk offering

Bahrain has successfully priced a seven-year $1 billion 6.875 percent sukuk offering. The financing exercise forms part of the kingdom’s prudent approach in managing its funding requirements, said a statement.  

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CBB, DFSA sign MoU for cooperation

The Central Bank of Bahrain (CBB) and the Dubai Financial Services Authority (DFSA) today signed a memorandum of understanding (MOU) in Bahrain.   The MoU provides a formal basis for supervisory cooperation and m

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Ithmaar wins CBB approval for Dubai listing

Ithmaar Holding, a leading financial institution in Bahrain, said it has won final approval from the Central Bank of Bahrain (CBB) to list on the Dubai Financial Market (DFM). This comes following the recent endorsement from UAE&r

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Islamic banking assets set for 5pc growth, says CBB chief

The Islamic banks' asset growth has slowed from the historical level of 14 to 15 per cent and is set to grow at around 5 per cent for the next couple of years amid the economic slowdown experienced by the GCC countries, said a top official.

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Islamic banking assets set for 5pc growth, says CBB chief

The Islamic banks' asset growth has slowed from the historical level of 14 to 15 per cent and is set to grow at around 5 per cent for the next couple of years amid the economic slowdown experienced by the GCC countries, said a top official.

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