ABC Bank, Arab Bank, GPIC to sponsor 100th anniversary of banking sector

ABC Bank, Arab Bank, and Gulf Petrochemical Industries Company (GPIC) announced their intention to sponsor the 100th-anniversary celebration of Bahrain’s Banking Sector.

The event will be held under the patronage of His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa on December 11, Bahrain Association of Banks (BAB) announced. Bahrain’s banking sector occupies the second position in the sectors that contribute to the GDP, after oil, contributing more than 16 percent of the GDP.

CEO of BAB Dr. Waheed Al Qassim stressed that the leading national institutions and companies’ support to BAB will help the association move forward in achieving the objectives of the celebration. BAB confirmed ABC Bank’s gold sponsorship of the 100th anniversary of the Banking Sector and Arab Bank’s silver sponsorship of the celebration.

“This support reflects the Bank’s strong commitment to supporting the development of the banking sector in the Kingdom of Bahrain and the national economy as a whole,” said Regional Managing Director, Bahrain Arab Bank Mohammed Assim. Gulf Petrochemical Company (GPIC) has supported the celebrations of the 100th anniversary of the banking sector in the Kingdom as a bronze sponsor of the event.