Premier receives delegation from Standard Chartered Bank

Manama, May 17 (BNA): His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa underlined Bahrain's standing as a financial hub thanks to its economic policy and advanced investment climate. He was speaking as he received today a delegation from the regional executive directorate of Standard Chartered Bank on the occasion of their visit to Bahrain to hold the bank's periodic regional meeting in Bahrain. During the meeting, which was attended by the Central Bank of Bahrain Governor Rashid Mohammed Al Meraj, HRH the Premier pointed out that the financial sector in Bahrain is a key player in economic development. Therefore, it enjoys great support from the government to boost its role in raising the growth rates and provide more job opportunities for citizens. HRH the Prime Minister underscored the government's support to all activities aimed at promoting the financial and investment sectors and consolidating the kingdom's status as a favourable investment destination. He reiterated the government's pledge to continue adopting initiatives and policies to bolster the banking sector and broaden the scope of its participation in the economy. HRH the Premier praised Standard Chartered Bank's distinguished international financial status, hailing its support to Bahraini professionals and keenness to provide them with training and employment opportunities. On their part, the delegation praised the stimulating economic climate in Bahrain thanks to the outstanding economic programmes adopted by the government under the leadership of HRH the Premier. They also provided a briefing on the bank's future plans and its activities in Bahrain.