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Organised by
The Banker is an invaluable source of cutting-edge market intelligence for finance professionals throughout the world. It leads the debate on all the issues surrounding the global banking industry, providing in-depth news and analysis, exclusive interviews with senior industry figures and definitive regional bank listings, including the internationally acclaimed Top 1000 World Banks.
www.thebanker.com |
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Organised by
The Bahrain Association of Banks (BAB), established by a Ministerial decree in 1979, and registered under the Central Bank of Bahrain in 2010. BAB brings together banking institutions of all sizes and charters in the Kingdom of Bahrain and works towards enhancing Bahrain's image as the financial hub of the Middle East.
Collectively providing the full range of financial services, Bahrain banks represent US$ 209.5 billion in total assets and employ over 14 thousand men and women while contributing 26% towards Bahrain's $21.9 billion GDP.
The mission of the Bahrain Association of Banks is to serve its members by representing and advocating the interests of the Kingdom's banks and showcasing them as pre-eminent providers of financial services in the region. Working closely with the Central Bank of Bahrain, BAB assists it with formulating banking policy and regulation.
Speaking for almost 100 members, the Association provides an open forum where banks can come together to collectively discuss and solve their shared problems. BAB is also actively engaged in promoting banking conferences, exhibitions and seminars that bring overseas banking delegations to Bahrain and create business opportunities for all members.
In 2009 BAB launched a quarterly publication, The Bahrain Banker, which has established itself as the voice of Bahraini banking with an intentional readership. In 2010 BAB published The Handbook of Islamic Banking & Finance, the first in a series of such publications designed to inform a non-specialist audience.
www.banksbahrain.org |
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Official supporter
Central Bank of Bahrain
www.cbb.gov.bh |
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Official supporter
The
Bahrain Economic Development Board (EDB) is a dynamic public agency with an overall responsibility for attracting inward investment into Bahrain, and is focusing on six target economic sectors in which the Kingdom offers significant strengths. These are financial services, downstream industries, tourism, business services, logistics, and education and training.
www.bahrainedb.com |
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Lead sponsor
Ahli United Bank is a leading regional financial services group with headquarters in Bahrain and full-fledged operations across the Gulf and the wider MENA region. Through a network of 8 subsidiary and associate banks in 8 key countries, AUB Group provides comprehensive retail, corporate and investment banking solutions to serve the domestic and cross-border needs of a large and growing customer base in Bahrain, Kuwait, Qatar, Oman, Iraq, Egypt, Libya and the UK.
Reaping the benefits of an unrivalled reputation as one of the best managed and most innovative banks in the region, AUB has received many awards over the years. Most recently, AUB was named "Best Bank in Bahrain 2012" for the seventh consecutive year by Global Finance, as well as "Best Bank in Bahrain -2011" by Euromoney and "Bank of the Year, Bahrain - 2011" by The Banker for the sixth consecutive year.
www.ahliunited.com |
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Lead sponsor
Arab Banking Corporation (ABC) is an international universal bank headquartered in Manama, Kingdom of Bahrain with a network spread across 21 countries in the Middle East and North Africa (MENA), Europe, the Americas and Asia.
ABC, founded in 1980, is listed on the Bahrain Bourse and its major shareholders are the Central Bank of Libya and Kuwait Investment Authority.
ABC has a consolidated asset base as at 31 December, 2011 of US$ 25.0 billion with a shareholder's equity of US$3.6 billion.
ABC offers a wide range of banking products including Trade Finance, Project and Structured Finance, Syndications, Corporate and Institutional banking, Treasury services, Islamic banking and Retail banking in the MENA region.
ABC is committed to fulfilling its vision of becoming the leading universal bank in MENA by bringing together its powerful international network with specialist expertise across its branches in Algeria, Egypt, Jordan and Tunisia to optimally tap the new opportunities presented by the MENA markets.
ABC's International Wholesale Bank is actively forming lasting relationships with sovereigns, financial institutions and corporates by connecting its diverse network across the Gulf, Europe and the Americas.
Furthermore ABC's Bahrain based Islamic bank, renowned for its scholarly excellence, guides its extensive network on Sharia' product development.
ABC remains a pillar of strength, stability and resilience through its range of competitive products, financial solutions and healthy financial liquidity making it a reliable partner for customers and counterparties around the globe.
www.arabbanking.com |
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Lead sponsor
BBK has been the pioneer in Commercial Banking for 40 years in the Kingdom of Bahrain. As a revolutionary market leader, BBK has built a name and reputation which is respected locally as well as internationally. To maintain this reputation, BBK has been at the forefront, incorporating the latest technologies to provide the finest services. One example of which is the e-banking solutions offered by BBK, which provide new generation services through its user friendly award winning website, along with the telebanking, cash depository machines and automated teller machines services. BBK is proud to be awarded the "Distinguished Corporate Governance" at the "Hawkamah-UAB 2010 Bank Corporate Governance Award". This award has become a prestigious, competitive and highly coveted bank award that highlights the industry's strong commitment to good corporate governance.
www.bbkonline.com |
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Lead sponsor
Bahraini retail and commercial banking institution,
BMI Bank (BMI) is a retail bank, registered in Bahrain and regulated by the Central Bank of Bahrain offering a full range of retail and commercial banking services. BMI Bank operates in Bahrain through a strong network of branches and ATMs with net banking for easy access to services. The online platforms offered by BMI bank were awarded the prestigious Bahrain e-Content Award 2009 in the e-Banking category, recognizing ease of use of its comprehensive e-banking services in a safe and secure environment in which to conduct personal and business transactions.
BMI Bank also operates an Offshore Bank in the Seychelles, a branch in Qatar and has a 21.33% shareholding in Gulf African Bank in Kenya. BMI Bank owns the Diners Club Services Bahrain W.L.L and operates the Diners Club cards franchise in Bahrain. BMI Bank's shareholders include some of the strongest and most respected financial institutions across the GCC, including BankMuscat.
BMI currently offers its customers a range of retail products and services including savings and current accounts, Ayadi savings account, Sapphire, its Premier Banking service, credit cards including Diners Club and La Carte, a co-branded credit card in partnership with Geant Hypermarket Bahrain, consumer and vehicle loans, mortgages and fixed deposits. In addition to Retail Banking, BMI offers full SME Banking, Premier Banking, Private Banking, Corporate Banking, Islamic Financial Services, and Treasury services.
www.bmibank.com.bh |
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Lead sponsor
Gulf International Bank (GIB), aims to be the international GCC bank with regional expertise, global outreach and innovative financial solutions; and to be a value-adding partner, leveraging cutting-edge technology and superior human capital.
GIB's mission is to provide innovative, convenient and customised financial products and services and, in parallel, to build and retain a reputation for trust, quality and reliability in order to establish GIB as the partner of choice and create long-term relationships. This will enable the Bank to add value for its customers, be an employer of choice and meet shareholders' objectives.
The Bank was established in the Kingdom of Bahrain in 1975, and it is licensed by the Central Bank of Bahrain as a conventional wholesale bank. It is owned by the six GCC governments, with the Public Investment Fund of Saudi Arabia holding a majority stake (97.2 per cent). GIB has branches in London, New York, Riyadh and Jeddah, and representative offices in Beirut and Abu Dhabi, in addition to its main subsidiaries, Gulf International Bank (UK) Limited, and Riyadh-based GIB Capital.
www.gibonline.com |
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Lead sponsor
Investcorp is a leading provider and manager of alternative investment products, serving high-net-worth private and institutional clients. The ability to provide multiple product offerings to our clients is one of our key competitive strengths. Investcorp takes a highly focused approach, specializing in three business areas: corporate investment, real estate investment and hedge funds.
Investcorp has a unique placement capability in the six GCC countries of the Arabian Gulf, where we provide a high level of personal service to our investor base of high-net-worth individuals and institutions.
Founded in 1982, Investcorp has enjoyed a track record of consistent innovation and performance, having arranged investments with a combined value of approximately $44 billion.
Investcorp was conceived as, and remains, a firm that is global in its outlook, attitude and culture. It operates out of three centers: Bahrain, London and New York.
www.investcorp.com |
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Lead sponsor
Ithmaar Bank B.S.C. (stock code "ITHMR') is a Bahrain-based licensed Islamic retail bank that is regulated by the Central Bank of Bahrain and provides retail, commercial, treasury & financial institutions and other banking services.
Ithmaar Bank is a subsidiary of Dar Al-Maal Al-Islami Trust (DMI), and has a paid-up capital of US$701 million, total shareholders' equity of $577 million and is listed on the Bahrain Bourse and the Kuwait Stock Exchange.
Ithmaar Bank, formerly an investment bank, completed in April 2010 a comprehensive reorganisation with its then wholly-owned subsidiary, Shamil Bank, to emerge as a premier Islamic retail bank.
Consequently, Ithmaar Bank now provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions.
Ithmaar also maintains a presence in overseas markets through its subsidiaries, associated and affiliated companies. These include Faysal Bank Limited (Pakistan), Faisal Private Bank (Switzerland), Sakana Holistic Housing Solutions, Ithmaar Development Company Limited, Bahrain-based BBK, First Leasing Bank, Solidarity (an Islamic insurance company), Naseej and Ithraa Capital (Saudi Arabia).
www.ithmaarbank.com |
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Lead sponsor
National Bank of Bahrain
www.nbbonline.com |
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Lead sponsor
United Gulf Bank B.S.C. (UGB) is a leading asset management and investment banking group, with operations spanning the Middle East and North Africa (MENA) region. From its home base in the Kingdom of Bahrain, and through its regional network of affiliates, the Bank engages primarily in asset and fund management, investment banking, private equity, and corporate finance. Other financial business activities include proprietary investments, treasury, brokerage, and commercial banking. Through its non-financial associate companies, the Bank holds substantial investments in the real estate, hospitality, communications and industrial sectors. Established in 1980, UGB operates under a wholesale banking licence from the Central Bank of Bahrain, and is listed on the Bahrain Bourse and the Kuwait Stock Exchange. Over the past 30 years, the Bank has established a reputation for financial strength, sound governance, prudent management and depth of expertise. 2010 was the Bank's 20th successive year of profitability and the 27th year of positive performance in its 31 year history. At the end of 2010, UGB reported total assets under management of US$ 8 billion.
UGB is part of the KIPCO Group – one of the largest diversified holding companies in the Middle East and North Africa, with consolidated assets of US$ 20 billion as at 31 December 2010. The Group has significant ownership interests in a portfolio of over 70 companies operating across 26 countries. Its main sector focus is financial services, insurance and media. Through the subsidiaries and affiliates of its core companies, KIPCO has interests in the real estate, industrial, education and management advisory sectors.
www.ugbbh.com |
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Lead sponsor
The Bahrain Financial Exchange (BFX) is a pioneering international financial exchange based in the Kingdom of Bahrain and internationally accessible to trade cash, derivatives, structured products and Shariah-compliant financial instruments. The BFX has set up the BFX Clearing and Depository Corporation (BCDC) to clear and settle the financial instruments traded by the members of the BFX. The BFX and the BCDC are licensed and regulated by the Central Bank of Bahrain (CBB).
The BFX is committed to operate a robust, cost-efficient, multi-asset class exchange that is well regulated and transparent. Access through its electronic trading platform and the BFX plug and trade trading floor allows market participants to utilise the Exchange to raise capital, manage risk and enable investment in a secure environment with central counterparty clearing, settlement and depository corporation guaranteeing the transactions between the counterparties.
Bait Al Bursa is an Islamic finance division of the BFX, exclusively offering electronic exchange traded Islamic financial instruments. Bait Al Bursa signifies the 'Home of Exchanges', and represents the BFX's vision of providing a single venue for all the exchange traded business in the Islamic finance sector. Bait Al Bursa is dedicated to bringing new and innovative solutions that meet the demand of today's Islamic finance market.
Complementing the BFX's offerings, the BFX Training Institute (BFX-TI) is an internationally accredited training institute operating under the BFX and providing world class conventional and Islamic financial training and development courses. The BFX-TI qualifications are fully accredited by the Chartered Institute for Securities & Investments (CISI), Financial Technologies Knowledge Management Company, the Institute of Credit Management (FTKMC), the Institute of Leadership & Management (ILM), The Institute of Credit Management (ICM), the Institute of Internal Auditors (IIA) and the Association of Financial Professionals (AFP).
The Exchange is a wholly owned initiative of Financial Technologies Group (FT Group), which currently owns one of the world's largest networks of 9 exchanges connecting fastâgrowing economies of Africa, Middle East, India and South East Asia.
www.bfx.bh |
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Travel and gift sponsor
Tamkeen is an initiative funded by the private sector for the private sector, tasked with developing Bahrain’s private sector and positioning it as the key driver of economic development. Established in August 2006, Tamkeen is one of the cornerstones of Bahrain’s national reform initiatives and Bahrain Economic Vision 2030.
Tamkeen has two primary objectives: Firstly, fostering the creation and development of enterprises, and secondly, providing support to enhance the productivity and growth of enterprises and individuals.
Under each of those objectives, certain mechanisms and innovative support initiatives have been put in place by Tamkeen to address current and future gaps for individuals and enterprises in the private sector that have been identified by thorough studies of the labour market landscape. To date, Tamkeen has created 180 such support programmes.
For Bahrainis, Tamkeen’s programmes range from developing the skills and capabilities of Bahrain’s human capital, to promoting sound workplace ethics and training on leadership and management best practices, among others. For enterprises, Tamkeen provides programmes which provide enterprises with subsidised business support services, facilitate access to financing to bridge the enterprise financing gap, and enable entrepreneurship, to name a few.
Together, these programmes have benefited 50,000 Bahrainis and enterprises in the private sector, and re-injected more than BD 166 million into the sector. The total number of Bahrainis and enterprises expected to benefit from Tamkeen’s various support programmes exceeds 100,000 beneficiaries.
Tamkeen’s human capital development programmes have benefited more than 40,000 Bahrainis, including funding training for nearly 22,000 Bahrainis, and enabling another 3,500 Bahrainis to find gainful employment and more than 1,000 Bahrainis to obtain professional certifications in their respective field.
For enterprises, Tamkeen have benefited well over 13,000 enterprises, including enabling more than 4,500 enterprises to access low-cost capital through its BD 189.5 million financing portfolio, and an additional 4,000 enterprises to enhance their performance through its subsidised business support services.
In parallel, Tamkeen’s programmes have played a key role in institutionalizing new concepts within Bahrain’s private sector, including SME and micro-financing, entrepreneurship as a viable career path, women empowerment, modern accounting and auditing systems within SMEs, and many other paradigms needed for a vibrant sustainable private sector.
Tamkeen’s funds come from 50% of the fees collected from the Labour Market Regulatory Authority.
www.tamkeen.bh |
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Travel and gift sponsor
Al Baraka Banking Group is a Bahrain Joint Stock Company Licensed as an Islamic Wholesale Bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic bank providing its unique services to around one billion people and with Standard and Poors investment grade long term counterparty credit rating of BBB- / A-3 (Short Term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of Al Baraka is US$1.5 billion, while total equity amounts to about US$1.8 billion.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 400 branches. Al Baraka is currently having a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya (under formation), Iraq and Saudi Arabia.
www.albaraka.com |
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Travel and gift sponsor
Bahrain Islamic Bank
www.bisb.com |
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Organised by
Official supporters
Lead sponsors
Financial exchange sponsor
Travel and gift sponsors
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