To what extent did the Covid-19 pandemic affect the banking sector in Bahrain?
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Interviews & Viewpoints | Hassan Jarrar, CEO, Bahrain Islamic Bank: Interview from The Report: Bahrain 2022
Interviews & Viewpoints | Abdulrahman Ali Saif, CEO, Bank of Bahrain and Kuwait: Interview from The Report: Bahrain 2022
Where do you identify gaps in the banking sector that could benefit from further innovation?
Articles & Analysis | How Bahrain aims to leverage innovation to boost financial services from The Report: Bahrain 2022
Bahrain is home to one of the region’s most vibrant financial sectors, with financial services rivalling oil and gas in terms of economic importance: indeed, by late 2021 the financial sector had overtaken hydrocarbons as the largest contributor to the economy. The country’s Islamic finance sector is also strong, with Bahrain ranking fourth out of 135 countries and second in...
Articles & Analysis | Islamic finance gains more recognition on a global scale from The Report: Bahrain 2022
After a resilient performance in 2020, the international Islamic finance sector fared positively in 2021 as an improved economic environment, a rise in the number of large projects, and an increased focus on environmental, social and governance (ESG) factors combined to drive demand for services.
Articles & Analysis | Mandatory health coverage to increase insurance uptake in Bahrain from The Report: Bahrain 2022
The insurance sector is set to undergo a series of reforms under the government’s Financial Services Development Strategy (FSDS) 2022-26, announced at the end of 2021 and developed in line with the broader Bahrain Economic Vision 2030 to stimulate growth over the course of the decade.
Articles & Analysis | Bahrain to harness innovation to transform banking from The Report: Bahrain 2022
Bahrain has laid the foundation for strong growth in its financial technology (fintech) companies and ecosystem and is pursuing a two-fold strategy to expand the industry in the years ahead. The first prong aims to leverage fintech to facilitate integration of domestic payments infrastructure and improve links between retail banks, merchants and service providers. The second...