Banking

With its experienced workforce and historical connections to Saudi Arabia, the Bahrain banking sector has continued to be a key segment of the economy. Although retail banking in the kingdom was largely sheltered from the global economic crisis, the changing international landscape is driving financial institutions to explore new strategies, while the banking regulator is continuing efforts to strengthen the sector by focusing on the new Basel III standards, improving corporate governance and protecting consumer interests. This chapter contains an interview with Ali Moosa, Senior Country Officer for Bahrain, JP Morgan.