Crown Prince meets Julius Baer Group CEO

Manama, June 3 (BNA): His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister, today met the Chief Executive Officer of Julius Baer Group, Boris Collardi, at Riffa Palace. His Royal Highness highlighted Bahrain’s ongoing economic development which has helped to create a robust and resilient economy that is both diversified and tailored to welcoming international investment. His Royal Highness further highlighted that the Kingdom continues to improve its regulatory environment to bolster its standing as business and investment destination within the region. His Royal Highness went on to emphasise the role of Bahrain’s banking and financial sectors in driving economic growth, and supporting various investment projects in the Kingdom. His Royal Highness further noted the ongoing efforts of Julius Baer Bank in expanding its operations and services in the Kingdom. His Royal Highness welcomed the introduction of Sharia-compliant investment services by the bank, and highlighted its innovative investment and wealth management services. Mr Collardi highlighted his bank’s ongoing plans and strategies to expand operations and investment services in the Kingdom, and expressed his appreciation for the opportunity to meet His Royal Highness. His Excellency Rashid Al Maraj, Governor of the Central Bank of Bahrain, also attended the meeting.