Thursday 28 March 2024
 
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Bahraini banks

Bahraini banks to launch Basel III standards

Bahraini banks will be fully ready to implement the Basel III international banking standards on new capital requirements by next year, the governor of the Central Bank of Bahrain (CBB) said. The kingdom's banking sector remai

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Bahraini banks ‘unaffected by cyber attacks’

No Bahraini bank has been affected by cyber attacks, the Central Bank of Bahrain (CBB) said yesterday, referring to $45 million stolen recently from two banks in the Middle East. CBB was highlighting the fraud at the UAE-based Nat

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Unrest ‘negative credit’ for Bahraini banks

The escalation of political tension in Bahrain is negative credit for Bahraini banks, several of which have kept their branches closed amid the volatile situation, said a report. It reinforces fears of prolonged political and economic unce

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