Bahrain financial and banking sector key to economic growth

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa has stressed the role that the financial and banking sector plays as one of the vital and important sectors that contribute to supporting economic growth.

Shaikh Salman said it is pushing the wheel of economic development by creating more promising investment opportunities apart from its contributions to many development projects and programmes.

He noted the interest that this sector enjoys by providing the appropriate and supportive environment for it

This came during a remote meeting of His Excellency yesterday with Dr Boutros Klink, CEO of Standard Chartered Bank Middle East and Bahrain.

The minister praised the contributions of financial and banking institutions and their active role in supporting all sectors that would boost economic development, noting the Kingdom's keenness to continue strengthening the role of these institutions to achieve the desired goals.

During the meeting, a number of issues of common concern and the latest developments in the global economy were discussed.