Moody’s service to hold banking workshop in Bahrain

Dubai

Moody’s Investors Service will hold its first Banking and Islamic Finance Workshop in Bahrain on Wednesday. 

The workshop will focus on Bahrain’s banking sector amid low oil prices and global headwinds.

“This is the first conference of its kind in Bahrain, bringing Moody’s credit analysts together with investors, intermediaries and executives from corporates and financial Institutions to discuss the outlook of the Bahraini banking system and developments in Islamic capital markets,” said Jehad El Nakla, General Manager, Moody’s Investors Service Middle East.

The workshop will kick-off with a presentation from Jean-Francois Tremblay, Associate Managing Director, Financial Institutions Group, surrounding key global developments within credit markets. “Global headwinds are numerous and market participants are avid to discuss the complex ramifications that recent developments have on banks’ credit quality internationally. 

During the workshop, we will discuss the likely impact of the Chinese economic slowdown, persistently low price of oil and other commodities, currency volatility and related downside risk scenarios” explains Tremblay.

The workshop will also provide Moody’s assessment of the local operating environment and the creditworthiness of banks in Bahrain and the rest of the region.

In addition, the workshop will also discuss the latest developments in the Islamic Finance sector as well as growths trends and liquidity management challenges.