Wednesday, 30 March 2011

Bahrain's central bank extending lifeline to small firms - The National

Bahrain's central bank is offering a lifeline to small businesses in the kingdom that have been hit by a drop in trade because of the protests of the past few weeks.

"We think some [businesses] will be directly affected by the events of the last month, especially consumer and tourism spending," said Rasheed al Maraj, the central bank governor, after a meeting with the chief executives of Bahrain's retail banks on Monday.

The meeting was geared towards supporting small and medium enterprises affected by the unrest.

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