MANAMA: Bahrain will remain the hub for financial services in the region, despite competition from Dubai and Qatar, top bankers said yesterday.
They were speaking during Bahrain Association of Banks' (BAB) third quarterly 'Meet the Press' roundtable at the Gulf Hotel, and were unanimous in the opinion that what Bahrain offered as a location to the financial services sector was unmatched and would remain so.
The panel included BAB chairman Abdul Karim Bucheery, Al Baraka Islamic Bank chief executive Mohamed Al Mutaweh, Economic Development Board (EDB) financial services director Boyd Winton, chief economist Jarmo Kotilaine, Bahrain Financial Exchange managing director and chief executive Arshad Khan.
Mr Bucheery said he hoped that the country would regain the A- rating soon.
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