Bahrain's sound economic fundamentals and core strengths have come into play with growth indicators reflecting the revival in sentiment.
Central Bank of Bahrain Executive Director of Banking Supervision Khalid Hamad told DT that the banking industry is in good health with loans and advances registering growth of 6.2 per cent as at end-July 2012, when compared with July 2011. Over the same period, deposits and balance sheets have grown 8pc and 4.5pc respectively, he added.
Mr. Hamad spoke on the sidelines of the opening of the sixth branch of Khaleeji Commercial Bank in Riffa.
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