Bahrain Association of Banks Discusses Plans

by BTM

Fri, 07 October 2022

bahrain business news 2022

The Board of Directors of the Bahrain Association of Banks (BAB) held a meeting chaired by the Chairman of the Board, Adnan Ahmed Yousif, in the presence of the members of the Board of Directors and CEO of BAB, Dr. Waheed Al-Qassim.

The Board discussed the arrangements for the annual gala dinner that BAB intends to hold under the patronage of HRH Prince Salman bin Hamad Al Khalifa Crown Prince, Deputy Supreme Commander and Prime Minister of the Kingdom of Bahrain. 

The Board also reviewed a number of events, programmes and activities implemented by BAB, including the strengthening of the role of banks in the economic recovery plan and the strategy for the development of the financial services sector.

In addition, the board approved the establishment of a cybersecurity club for banks with the aim of creating a platform to discuss the issue while proposing legislations that shall enhance cybersecurity in banks.

BAB also followed up on the arrangements for the holding of the Bahrain Economic Forum in December 2022, which the BAB intends to organise in cooperation with the Bahrain Chamber of Commerce and Industry, the Ministry of Finance, the Central Bank of Bahrain, and the Economic Development Board.