Deputy King highlights role of Bahrain's financial services sector

Manama : Deputy King HRH Prince Salman bin Hamad Al Khalifa yesterday highlighted the Kingdom’s commitment to supporting the financial services sector’s growth, as it continues to play an important role in Bahrain’s sustainable development.

This came as the Deputy King met yesterday Standard Chartered’s regional Executive Management team at Gudaibiya palace.

Prince Salman also welcomed the role of financial and banking institutions in helping to establish the Kingdom as one of the most prominent banking and financial locations within the region.

In this regard, the Deputy King noted the success of Bahrain’s advanced regulatory environment, which supports performance and overall competitiveness within the sector.

The Deputy King went on to praise Standard Chartered’s long-standing role in supporting increased banking activity within the Kingdom, since its establishment in Bahrain in 1920.

The delegation appreciated the opportunity to meet the Deputy King, and welcomed Prince Salman’s continued support to the development of the Kingdom’s banking and financial services sector.

The Deputy King’s son, HH Shaikh Isa bin Salman bin Hamad Al Khalifa, and the Governor of the Central Bank of Bahrain, Rasheed Al Maraj, also attended the meeting.

Separately, Prime Minister HRH Prince Khalifa bin Salman Al Khalifa also received the delegation.