Manama, Bahrain - 22 November 2011: Khaleeji Commercial Bank (KHCB), one of the prominent Bahrain-based Islamic retail banks, was one of the golden sponsors of the 18th Annual World Islamic Banking Conference 2011. Under the patronage of HE Rasheed Al Maraj, Governor of Central Bank of Bahrain, the conference was held at the Gulf Convention Center in Gulf Hotel and expected to attract numerous government officials, Islamic financial leaders and practitioners.
Commenting on this sponsorship, Mr. Ebrahim Hussain Ebrahim, CEO and Board Member of KHCB, said: "We are delighted to be amongst the golden sponsors of the prestigious WIBC, which is one of the main conferences in Islamic Banking that occur annually. Our participation has demonstrated our continued commitment in supporting initiatives by the Islamic banking industry that organize conferences, trainings and workshops. Having chosen the Kingdom of Bahrain on an annual basis reflects the confidence of the Islamic financial sector on a global level, as the Kingdom has all the resources and economic incentives that make it an ideal choice for Islamic financial institutions."
The conference addressed many current issues that the industry is facing and the theme this year "Competing for Global Growth" reflects the importance of the Islamic banking industry going further and expanding out of the region. Some of the issues that were addressed include expanding the internationalization of the industry - boosting cross- border transactions, accessing new markets, and creating new products.
Mr. Ebrahim also added, "The conference allowed our local and regional financial leaders to help improve the Islamic finance industry through contributing their knowledge and sharing their experiences through workshops, panel discussions, and presentations on current industry issues. We are very pleased to be part of this annual success and be able to share our experiences and strengthen ties with other financial institutions locally, regionally and globally."
For more information on Khaleeji Commercial Bank please contact the call center on 17540054 or visit KHCB's branches in the Financial Mall at Bahrain Financial Harbour, Zamil Tower on Government Avenue, Sanad branch on Istiqlal Road, Salah Al Den Mall in Budiaya, or Airport Road in Muharraq.
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About Khaleeji Commercial Bank (KHCB):
Khaleeji Commercial Bank BSC (KHCB) is an Islamic bank, headquartered in the Kingdom of Bahrain, and operating under a Retail Islamic Banking license granted by the Central Bank of Bahrain (CBB). It is a Public Bahraini Shareholding Company listed on the Bahrain Stock Exchange. KHCB offers a comprehensive range of innovative banking and investment products and services to individuals, corporate entities, and financial institutions. These include commercial and corporate banking, wealth management, structured investment products and project financing facilities.
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media enquiries, please contact:
Jehad Al Binfalah
Khaleeji Commercial Bank
Phone: +973 15505545
Email: jalbinfalah@khcbonline.com
Aysha Al Araifi
Khaleeji Commercial Bank
Phone: +973 15505478
Email: aalaraifi@khcbonline.com
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