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JS Bank to open branch in Bahrain

byCustoms Today Report
04/08/2015
in Business
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BAHRAIN: JS Bank is opening its first branch outside the country as the Central Bank of Bahrain (CBB) has given it a wholesale banking license for branch operations in Bahrain.

Commenting on the achievement, JS Bank President Khalid Imran said, “This is an important milestone for JS Bank. Bahrain has always been a strategic hub for financial institutions and our presence there will contribute towards further strengthening financial ties and enhancing trade and business”.

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The Bank has grown from strength to strength since inception and its financials; credit ratings along with the highly experienced team are a true testament to its stability and ability to achieve its long term goals.

Licensing & Policy Director Ahmed Al-Bassam welcomed JS Bank’s decision to open a branch in Bahrain and was confident that this addition to the Bank’s network would have a positive effect on the relationship between Pakistan and the MENA region.

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