Ebdaa Bank ready to release Home Business Guide: CEO

Ebdaa Bank for Microfinance said it is prepared to release its Guide for Homebased Entrepreneurs following the directives of HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister. CEO of Ebdaa Bank for Microfinance, Dr Khalid Al Ghazzawi confirmed the preparedness of Ebdaa Bank, supported by the Arab Gulf Development Programme (AGFUND), to assist home-based entrepreneurs in effectively utilizing it.

“The increasing trend towards home projects in Bahrain may result in security and safety risks. As part of its national role in adopting and implementing Bahrain’s Economic Vision 2030, Ebdaa Bank is fully prepared to contribute to the formulation of this guide while supporting the efforts of the Ministry of Labour and Social Development and the Ministry of Health,” said Dr Al Ghazzawi.

“We welcome the initiative and are pleased to fulfil this responsibility through our accumulated experience with home projects in the Kingdom of Bahrain and in the nine Arab countries where the banks of AGFUND operate,” he said. “We will stress the urgency of appropriate security and safety systems to our customers for their projects, and the need to rely on equipment that automatically stops in the event of a short circuit or gas leak,” he added.