ArabianBusiness.com - Middle East Business News
Friday, 05 December 2008 13:58 UAE time

YOUR DIRECTORY /

Central Bank of Bahrain

Main Category: Central Bank
First Address : PO Box 27
City : Manama
Country : Bahrain
Phone: 973 17 547777
Fax: 973 17 530399
Email: info@cbb.gov.bh
Website: www.cbb.gov.bh


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ALL STORIES LIST


Bahrain sees sharp rise in inflation in Oct

Annual inflation rate jumps up to 4.4% from just 3.2% in Sept, according to latest figures.

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Bahrain grows at fastest rate for five years

Official data shows big expansion in financial, manufacturing and gov't sectors in 2007.

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Bahrain to hold back on banking licences

Central bank says it will 'take its time' issuing new licences given financial crisis, but no freeze in place.

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Braving the storm

Bahraini banks' exposure to foreign investment could soon present a significant challenge.

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Ample liquidity in Bahrain - central bank

Governor says banks have enough liquidity, able to fund projects despite global crisis.

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Bahrain lowers key rates

UPDATE 1: Central bank tracks cuts by world's top central banks after global crisis unsettled markets.

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Bahrain emergency fund 'unlikely', says central bank

After 'difficult situation' last week, interbank market has improved, says official.

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Bahrain banking sector surges $17bn in H1

Gulf state's banking sector's assets reached $269.5bn at the end of June 2008.

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Bahrain inflation steady at 3.1% in June

Bahrain annual inflation stable, monthly consumer prices rise on higher housing costs.

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Gulf to set new currency deadline in 2009

Arab oil producers unlikely to decide on new deadline for single currency this year.

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Bahrain money supply growth slows

Money supply grows at lowest pace in eight months in May as growth savings deposits slow.

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Islamic fund eyes private buyouts

Global, Millennium and DIB to launch a US $500mn buyout fund.

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First energy bank is born

Central Bank of Bahrain grants license to bank devoted entirely to the energy sector.

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Gulf to miss 2010 single currency deadline

States agree to create joint cbank next year, but admit Gulf currency will not reach deadline.

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Gulf inflation threat mounts as oil hurdles to $150

Record oil prices placing more pressure on Gulf states to revalue currencies - analysts.

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Inflation, dollar peg to overshadow Gulf cbank summit

Central bank governors meeting to try and pick up pace of monetary union.

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Bahrain stands by dollar peg

Gulf state has no plans for shift in monetary policy despite calls from economists to abandon US currency link.

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Bahrain's IIFM to host review of landmark contract

Islamic financial regulator to host review of first standardised Islamic contract.

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Central bankers eye shift in single currency deadline

Bankers also expected to discuss how to control record inflation at bi-annual meeting.

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Gulf states cut rates, further fuel inflation

Saudi, Bahrain and UAE follow US and lower rates, Kuwait leaves benchmark rate unchanged.

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Bahrain to issue new banknotes Monday

First new full set of notes since 1993 to hit ATMs on Monday, no change to any coins in circulation.

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Gulf currencies surge as dollar nears record low

Investors bet on central banks revaluing currencies against dollar.

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Energy bank given approval

First Energy Bank hopes to cash in on the global energy sector's expected investment boom.

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Bahrain witnesses population explosion

Number of people living in kingdom surged 41% last year to cross one million mark, official data shows.

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CBB agrees cooperation with IOSCO

Central Bank of Bahrain joins information sharing network with other exchange regulators.

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Gulf central banks face uphill battle

WEF: More future US rate cuts will increase pressure on banks to revalue, says Saudi economist.

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Gulf slashes rates to keep pace with US

Kuwait cuts benchmark interest rate for first time in 18 months, Saudi, Bahrain and UAE also lower rates.

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Dollar peg gives boost to Bahrain finance sector

Central bank says fixed exchange rate policy has underpinned industry growth.

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Under administration

The region's fund managers are making more use of independent custodians and administrators, and demanding increasingly sophisticated services, ABF discovers.

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Subprime crisis will not hit UAE bank profits

Central bank governor Al-Suweidi says banks' exposure will be 'marginal'.

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Gulf states move to limit currency speculation

Qatar tightens lending curbs while matching Fed cut along UAE, Saudi and Bahrain.

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Bahrain to ditch dollar peg, report claims

Reports quote finance minister telling Shura Council of move to currency basket.

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Bahrain economic growth drops

Kingdom revises figure for 2006 down to 6.5% from an August estimate of 7.1%, central bank says.

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Bahrain proposes mortgage curbs

Central bank proposes capping value of mortgages to limit banks' exposure to real estate market.

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Gov't blames itself for rising inflation

Higher state spending rather rising cost of imports is driving inflation, Bahrain central bank says.

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Unicorn launches takaful firm

T'azur granted licence to offer Shariah compliant insurance by Central Bank of Bahrain.

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Bahrain slashes rates as currency pressure mounts

Central bank cuts key interest rates by 50 basis point, benchmark rate at 4.25%.

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Homeowner boost as Gulf states cut rates

Move follows US cut in interest rates, sending dollar to new lows and piling pressure on expat salaries.

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Singapore Islamic bank gets Bahrain licence

Islamic Bank of Asia's new kingdom office set to focus on Gulf operations, foster ME-Asian investor relations.

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ABC gains Bahrain brokerage licence

Arab Banking Corporation (ABC)'s new subsidiary, ABC Securities, has obtained approval from the Central Bank of Bahrain to set up as a brokerage company, dealing in regional and global public equities.

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Bahrain money supply surges

Annual money supply in kingdom grew in August at the second-fastest pace in at least six years.

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Arab Tigers burn bright

Imran Ahmed, managing director, asset management, Mashreq, talks about the Makaseb Arab Tigers Fund.

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Bahrain economic growth slows

The kingdom's economy grew 7.1% last year, with analysts expecting it to slip further as oil prices plateau.

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CBB launches online payment system

Central Bank of Bahrain has launched a national payment system to transfer funds between retail banks.

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Kuwait, Bahrain money supply up 15%

Central bank data shows Kingdoms' money supply rose above 15% year on year in June.

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Real estate boom boosts bank lending

A booming real estate sector and a surge in personal mortgages has boosted bank lending in Bahrain in the last year, according to the latest monthly data issued by the Central Bank of Bahrain (CBB).

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UAE to keep US dollar peg

Update: The Emirates' central bank is set to maintain its currency pegged to the dollar, ending speculation.

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GCC to review inflation measures

Inconclusive talks prompt action on the issue that threatens the 2010 currency union.

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Allianz Insurance Group opens Islamic insurance subsidiary in Bahrain

Germany's Allianz Group, the world's second largest insurance firm, is setting up an Islamic insurance (takaful) arm in Bahrain.

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Making IT count

The industry's growing reliance on technology was evident at MEFTEC, the Middle East's largest financial technology event, which was held last month in Bahrain.

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Bahrain Central Bank takes up new settlement systems

...

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Central Bank of Bahrain to invest in RTGS system

National payment network to boost banking sector

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