Money and business

“Bahrain National”, a pattern sponsor for the reception of Bahraini banks

The National Bank of Bahrain (NBB) announced its participation as a platinum sponsor of the annual reception of Bahraini banks in the American capital, Washington, on October 16.

This event is held organized by the Bahrain Banks Association, coinciding with the meetings of the International Monetary Fund and the World Bank. It brings together a prominent elite of international financial leaders, decision makers and investors from all over the world, with the aim of enhancing the language of joint dialogue and cooperation and partnership between all attendees and parties.

The ceremony will witness the presence of a number of senior government officials from Bahrain, and will be an important platform for consolidating relations between Bahraini financial and banking institutions and their international counterparts.

During the event, the Bahraini delegation will also have the opportunity to participate in constructive discussions to discuss strategic cooperation paths, and capital flow data, which prompts the growth and prosperity of money markets at the regional and international levels.

The CEO of the National Bank of Bahrain Group, Othman Ahmed, said: “We are proud to take care of the reception ceremony of Bahraini banks during the meetings of the International Monetary Fund and the annual World Bank, based on our role as a leading financial institution in the march of economic progress of the Kingdom of Bahrain. We are keen to support the financial and banking sector at all levels, and we seek to represent it through various global financial forums.”

While the Bahrain Banks Association praised the supporting role of “Bahrain National”, as well as the sponsors of this ceremony, in enabling it to continue its efforts to strengthen Bahrain’s position as an organized, innovative and attractive financial center.

This comes within the framework of the Association’s continuous endeavor to contribute to diversifying the national economy, and expanding its openness to international markets.

The association pointed out that the annual reception of Bahraini banks comes as a translation of their endeavors to unify global efforts, and to enhance the role of Bahraini financial institutions in drawing the features of the future of the financial and banking sectors, in addition to enabling them to explore the ways of partnership with international financial institutions, at a time when the importance of multilateral cooperation is increasing.

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