Monday 4 July 2011

Bahrain to retain financial hub standing, says S&P - ArabianBusiness.com

Bahrain will remain an important financial centre in the Middle East despite the impact of the recent uprisings, Standard & Poor's said on Monday.

S&P credit analyst Emmanuel Volland said that despite competition from Qatar and Dubai, authorities should be able to convince investors to do business in Bahrain.

'We think if the political situation remains stable, the authorities should be able to convince investors that Bahrain remains a key financial centre for the region,' Volland said as part of a Q&A on the future of banks in the GCC.


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