News of Bahrain
Bahrain4 May 20171 min read

Private sector growth driver

Manama : B ahrain's commitment to private sector growth will result in increased productivity, economic development, competitiveness, and greater opportunities for all, said Deputy King, His Royal Highness Prince Salman bin Hamad Al-Khalifa yesterday. Prince Salman was speaking w

Editorial Team Legacy

Published 4 May 2017, 8:00 · Updated 21:30

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Private sector growth driver

Manama : Bahrain’s commitment to private sector growth will result in increased productivity, economic development, competitiveness, and greater opportunities for all, said Deputy King, His Royal Highness Prince Salman bin Hamad Al-Khalifa yesterday.

Prince Salman was speaking with Daniel Pinto, the Chief Executive Officer of J.P. Morgan’s Corporate & Investment Bank at Riffa Palace.

Praising JP Morgan’s contribution to the sector, Prince Salman pointed out the major role played by Kingdom’s banking and finance sector in economic development.

Discussions also focused on the Kingdom’s economic environment and its advanced legislative and regulatory frameworks in the banking and finance sector, which had facilitated and strengthened economic development.

In response, Pinto expressed gratitude for the opportunity to meet His Royal Highness, and expressed appreciation for the Deputy King’s support to the region’s banking and financial sectors.

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