Bahrain celebrates 100 years of its banking sector
The Kingdom of Bahrain celebrates, the centennial of the first bank in the country today, October 27th.
The banking sector has great importance in the kingdom for in addition to its historical depth which goes back as early as before the 1920’s of last century, the sector represents one of the pillars of Bahrain’s strategy to diversify sources of revenues and broaden the scope of economic activities.
HRH the Premier’s patronage of the centenary of the banking sector is an extension of his pioneering role in shaping economic growth in the Kingdom throughout its modern history which yielded many dividends including development of the banking services sector and mapping out policies for comprehensive development.
During the celebration of the centennial of the banking sector, which will witness a massive turnout, a memorial depicting the sector’s glorious history will be unveiled. The first book highlighting the sector’s growth and accomplishments, entitled “Bahrain’s Banking Sector-100 years of Challenges and Achievements, will also be inaugurated.
