imported 2024-03-17 17:43:07
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain
Despite the crisis, banks are still sticking to Bahrain and if you think about the reason for this, Bahrain is situated almost exactly in the middle between the richest oil field in the world and the richest gas field in the world.
Jamal Ali Al-Hazeem, CEO of BMI Bank
As far as the sector or the industry is concerned, I think you will see growth this year in 2013 over last year 2012.
The banking sector in Kurdistan and Iraq is in need of major reforms. There are a number of banks interested in the market as it has huge growth potential but lack of strong regulator robust regulations is deterring major banking players from entering the country.
Jamal Ali Al-Hazeem, CEO of BMI Bank, talks about BMI Bank. According to the CEO, BMI Bank should grow by at least 3% in 2013; though such figures are difficult to predict.
Jamal Ali Al-Hazeem, CEO of BMI Bank, shares his views on the latest banking regulations in Bahrain. Specifically, he discusses the recent classification of the systematically important banks, FATCA, credit bureau, and Basel III accords.
The banking sector has seen some consolidation in recent months, most notably among Islamic banks. Ithmaar Bank last year announced its merger with First Leasing Bank, in January of this year there was an announcement of the 3-way merger between Elaf Bank, Capital Management House and CAPIVEST to create an international bank with assets in excess of US $400 million, and the national bank of Bahrain and GOSI took over 52% of the Bahrain Islamic Bank.
One of Bahrain’s largest investment banks, Arcapita, filled for chapter 11 — an event that shook Bahrain. What has been the effects of this situation on Bahrain Bay development? Robert Lee, CEO of Bahrain Bay answers some of these difficult questions.
Following the mergers between Ithmaar Bank and First Leasing Bank and a 3-way merger between Elaf Bank, Capital Management House and CAPIVEST, Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, outlines the future structure of the banking industry in Bahrain.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain and Chairman of the Bahrain Association of Banks, talks about the banking regulations in Bahrain.
Abdul Karim Ahmed Bucheery, Chief Executive of BBK Bahrain, makes an interesting and moving case for the strength of the banking sector in Bahrain. Despite challenges Bahrain has a stable banking system; a claim which Bucheery supports with real examples.
