Minister of Finance: Bahrain has been able to consolidate its position as a distinguished financial and banking center in the region

Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, affirmed that the Kingdom of Bahrain, in accordance with the goals of the comprehensive development process led by His Majesty King Hamad bin Isa Al Khalifa, the country’s great king, and thanks to its balanced economic policies of the government headed by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, and its advanced regulatory environment, was able to consolidate its position as a leading financial and banking center in the region, and a bridge for Gulf economic integration, which made it a destination. Preferred by regional and global financial institutions.

This came during the speech he delivered at the celebration held by Gulf International Bank on the occasion of the golden jubilee of its founding in the Kingdom of Bahrain, in the presence of a number of officials and an elite group of financial and economic leaders, where His Excellency indicated that the celebration of the fiftieth anniversary of the founding of Gulf International Bank represents a point of pride in a successful banking journey and a pioneering institutional experience, which has proven its ability to develop and adapt to economic and financial changes, and to consolidate relations of trust and partnership between governments and the private sector, in the various markets in which the bank operates, most importantly. The Kingdom of Bahrain and the sister Kingdom of Saudi Arabia,

He pointed out that Gulf International Bank embodies a successful model of economic, financial and banking cooperation between the Kingdom of Bahrain and the Kingdom of Saudi Arabia, a partnership that derives its strength and development through the fraternal relations between the two brotherly countries rooted throughout the ages and close cooperation in the financial, banking and economic fields, which contributes to supporting development paths and brings goodness and growth to the two brotherly peoples. He pointed out that the financial and banking sector is considered one of the most prominent sectors contributing to the gross domestic product of the Kingdom of Bahrain, due to the role it plays. Pivotal in financing projects, stimulating investments, increasing economic diversification, and supporting growth and prosperity paths, within the framework of a comprehensive economic vision based on justice, sustainability, and competitiveness. He expressed his sincere congratulations and blessings to the Board of Directors of Gulf International Bank, its executive management and all its employees on this occasion, wishing them continued success and success and to continue achieving qualitative achievements that strengthen the Bahraini-Saudi partnership and support the national economy.

On this occasion, Mr. Fahd Al Saif, Chairman of the Board of Directors of Gulf International Bank, said: “Our celebration of the golden jubilee under the slogan “Solid Authenticity, Accelerating Horizons” in the Kingdom of Bahrain represents a milestone in the bank’s journey, and an opportunity to celebrate fifty years of solid institutional work and deep strategic partnerships that contributed to strengthening the bank’s position, until it became a leading regional financial institution. Gulf International Bank has been able, through decades of transformation and growth, to consolidate its role in supporting economic development in the region, relying on To a clear vision, wise management, and quality investments.”

For his part, Abdulaziz Al-Halisi, CEO of Gulf International Bank Group, said: “This celebration comes to take pride in what we have achieved during five decades of expansion and innovation, as the group succeeded in building an integrated and flexible banking model that serves regional and international markets, and enhances competitiveness. Our accumulated successes are the result of the commitment of our employees, the trust of our customers, and the support of our shareholders, which are factors that will continue to push us towards a new phase of sustainable growth.”

It is worth noting that the Gulf International Bank Group was established in the Kingdom of Bahrain in 1975, and is currently active as an integrated banking and financial institution at the level of the Gulf Cooperation Council countries, providing various banking and investment services that include companies and institutions, global banking services, asset management, and treasury, in addition to “Meem” digital banking for individuals. The group’s business is spread through its branches and subsidiaries in Bahrain, Saudi Arabia, the Emirates, Oman, the United Kingdom, and the United States of America.