Bahrain's central bank (CBB) plans steps to encourage securities issuance and lure foreign investors who have been deterred by the global financial crisis and political unrest in the Gulf island kingdom.
The CBB will soon issue a directive on the offering of securities covering both Islamic and conventional paper, governor Rasheed al-Maraj said in an emailed interview, part of the Reuters Middle East Investment Summit.
"This initiative will encourage foreign investors to use Bahrain as a base for their capital market activities," he said.
No comments:
Post a Comment