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Banking probed.


MANAMA: Central Bank of Bahrain The Central Bank of Bahrain was established in 1973 as the Bahrain Monetary Agency, shortly after Bahrain gained its independence from the United Kingdom. As per Decree No.  (CBB CBB Celebrity Big Brother
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) Governor Rasheed Al Maraj, yesterday received an Uzbekistani delegation headed by the country's Deputy Prime Minister A Deputy Prime Minister or Vice Prime Minister is, in some countries, a government minister who can take the position of acting Prime Minister when the real Prime Minister is temporarily absent.  and Foreign Economic Relations, Industry and Investment Minister Elyor Ganiev.

Mr Al Maraj presented an overview of the banking and financial sector in Bahrain and the CBB's regulatory and supervisory role over the financial institutions.

He also briefed Mr Ganiev on Bahrain's positive experience in the field of Islamic banking and leading role in the development of this sector.

Mr Ganiev praised the economic development taking place in Bahrain.

Copyright 2009 Gulf Daily News

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Publication:Gulf Daily News (Manama, Bahrain)
Date:Nov 17, 2009
Words:104
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