New service to simplify business bank account setup

TDT | Manama

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As part of its ongoing efforts to develop the business environment and enhance compliance with regulatory decisions, the Ministry of Industry and Commerce has announced the launch of a new service in collaboration with several local banks.

This service enables business owners to easily open a commercial bank account, contributing to the stability of commercial activities.

In this context, His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, affirmed that this step reflects the Ministry’s continuous commitment to establishing a flexible, transparent, and investment-friendly business environment.

It also highlights the Ministry’s dedication to providing efficient services that facilitate doing business and support business owners in complying with relevant regulations.

He further noted that the Ministry will continue to develop more initiatives to support the national economy.