HRH Crown Prince Recieves Standard Chartered Bank’s Board Chairman

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and the Economic Development Board (EDB) Chairman, today said that the kingdom is keen to consolidate its position as the most favourable destination for the world financial and banking institutions through safeguarding stability and supporting all the economic firms that have chosen Bahrain as their operations’ centre.

“His Majesty King Hamad bin Isa Al Khalifa’s national project has laid the solid foundation for upgrading all the kingdom’s economic sectors, especially the banking one which enjoys a special position owing to the kingdom’s economic and legal mechanisms,” HRH Crown Prince said as he received today Standard Chartered Bank’s Board Chairman John Peace and a number of the bank’s officials marking 90 years since the bank started operating in the Bahrain.

During the meeting, HRH Crown Prince congratulated Standard Chartered Bank’s Chairman, officials and employees, noting that the bank has achieved innumerable successes throughout its history, vowing the kingdom’s support for the bank. On his part, John Peace lauded the kingdom’s facilities and services provided for the banking and financial sector, which, he asserted, have had a great impact on Standard Chartered Bank’s success in Bahrain which is considered as its home and a successful location for its Middle East operations.