CBB plans key services to improve banking
Manama, June 26, 2012
The Central Bank of Bahrain (CBB) emphasised on its readiness to work and co-operate with banks operating in the Kingdom for the improvement and development of banking and customer services in a fast and secure environment.
Speaking at a meeting of Bahrain Association of Banks (BAB), CBB Governor Rasheed Al Maraj said there were plans to introduce new services in electronic banking, which will increase the effectiveness of banking services provided to individuals and companies.
He also emphasised the importance of the banks' commitment to the directives and instructions issued by the CBB in dealing with customer complaints.
The meeting also discussed the economic and banking situation in Bahrain and its impact on the performance of banks during the year.
The CBB was later briefed on the preparations made by the BAB to prepare for the annual reception hosted by the association on the sidelines of the annual group meeting of the International Monetary Fund and World Bank to be held this year in Tokyo.-TradeArabia News Service
More Finance & Capital Market Stories
- LuLu Exchange opens 3rd branch in Bahrain
- Saudi economic growth picks up in Q3
- GIH picks ex-Barclays banker as investment head
- Jeddah Economic Company names new CEO
- Saudi real GDP growth surges to 3.1pc in Q3
- UAE business activity growth hits record high
- Global Islamic banking assets ‘set to top $1.7trn’
- Egypt back in business, says new survey
- United Arab Bank backs UAE-Turkey business
- Islamic finance 'facing integration challenge'