Jun 29 2011 |
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GIB sponsors 'Banks in Bahrain Evening Reception' at IMF/World Bank meetings in Washington DC
Gulf International Bank ( GIB ) has announced its sponsorship of the 'Banks in Bahrain' reception that will be held on 24 September 2011 in Washington DC, in conjunction with the annual meetings of the International Monetary Fund (IMF) and World Bank.'The Banks in Bahrain' reception is hosted by the Bahrain Association of Banks (BAB) annually. The event will highlight the progress and development of Bahrain's banking sector to global financial and business leaders and policymakers who are participating in the 187-nation IMF/World Bank meetings.
GIB is a leading bank in the Middle East with its principal focus on the GCC states. Its primary shareholder is the Public Investment Fund of Saudi Arabia. The Bank provides client-led, innovative financial products and services to a wide customer base in the region, including investment banking, asset management, project and structured finance and Islamic banking.
"Last year's event was a great success with over 400 guests attending the reception, including ministers of finance, central bank governors, chairmen and chief executives of major banking groups, diplomats, businessmen and the media," he added.
BAB, established by a Ministerial decree in 1979 and re-licensed under the CBB in 2010, brings together 88 banking institutions of all sizes and charters in the Kingdom of Bahrain and works to enhance Bahrain's image as the financial hub of the Middle East. BAB's mission is to serve its members by representing and advocating the interests of the Kingdom's banks and showcasing them as pre-eminent providers of financial services in the region. Working closely with the Central Bank of Bahrain, BAB assists it with formulating banking policy and regulation.
-Ends-
For more information contact:
Mayan Ghaith
BAB's PR & Events Coordinator
Telephone: +973 1782 3005
Mobile: +973 3846 6447
email events@banksbahrain.org
© Press Release 2011
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