Categories
anastasia-date profile

There are not any restrictions on transforming or funds that are transferring whether or perhaps not related to a good investment.

There are not any restrictions on transforming or funds that are transferring whether or perhaps not related to a good investment.

In 2016, the GOB established a new investment created to inject greater liquidity when you look at the Bahrain Bourse, well well worth USD 100 million. The Bahrain Liquidity Fund is sustained by an amount of market individuals and certainly will behave as a market manufacturer, supplying two-way quotes of many associated with listed shares with an acceptable spread to enable investors to earnestly trade their shares. The market remains relatively small compared to others in the region despite these efforts.

The GOB together with Central Bank of Bahrain are people of the IMF and completely compliant with Article VIII.

Cash and Bank System

The Central Bank of Bahrain (CBB) could be the solitary regulator associated with the whole monetary sector, with an integral regulatory framework addressing all monetary solutions supplied by old-fashioned and Islamic finance institutions. Bahrain’s banking sector stays quite healthy despite suffered reduced worldwide oil prices. Bahrain’s banks remain well capitalized, and there’s liquidity that is sufficient guarantee a healthier rate of investment. Bahrain stays an economic center when it comes to GCC region, though many economic organizations have actually relocated their regional head office to Dubai on the final ten years. The GOB is still a motorist of innovation and expansion when you look at the Islamic finance sector.