Manama: - The Bahrain Institute of Banking and Finance (BIBF) announced a strategic partnership with Gulf International Bank (GIB) where the bank will sponsor a lecture hall in the new BIBF building at Bahrain Bay, scheduled to be completed at the end of this year. The sponsorship of the hall, which will be named the GIB Hall, is in line with the bank's strategy of supporting the development of human capital in the labour market.

The new BIBF building, one of the most prominent development projects in the Kingdom of Bahrain, constitutes a milestone in the development of the financial services sector in Bahrain and the region.

On this occasion, Jamal Al Kishi, CEO of Gulf International Bank B.S.C., said: “We are proud to work with BIBF to support this venerable educational institution. The sponsorship reflects GIB’s strategy of providing the financial and banking sector with qualified people and enhancing Bahrain’s position in the field of specialised training and human capital development in line with the objectives of the Kingdom’s Vision 2030.”

"GIB is keen to support the educational sector through important partnerships. Education, training, and development of the bank's employees are pathways that enhance our efforts to be an employer of choice."

Al-Kishi added that GIB believes in the importance of continuously developing the infrastructure of the banking sector, as it enhances Bahrain’s status and augments the leading role that the Kingdom’s institutions play at the forefront of innovation and development in the region.

Dr. Ahmed Al Shaikh, Director of the BIBF, said: “We are pleased to have the support of GIB for the new building. Strategic partnerships like this enhance training and continuous development and enable the financial sector to flourish and grow, helping to consolidate Bahrain’s position as a thriving regional financial hub.”

He added that the BIBF project was launched to accommodate the huge expansion of the Institute’s programmes and activities in Bahrain and abroad as a mainstay of specialised training and the development of the banking and financial services sector locally and regionally.

Work on the new BD12 million BIBF building started at the beginning of 2020. With a total area of ​​25,000 square meters and a distinct waterfront, the building will accommodate a larger number of students in the future. The building will be equipped with the latest technologies in the field of education, ensuring the highest levels of efficiency and innovation and the best services to trainees.

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