Monday 9 March 2015

Khaleeji Commercial Bank backs BIBF Dealing Room

Source: BIBF.

Khaleeji Commercial Bank (KHCB), an Islamic bank in Bahrain, has donated 5,000 Bahraini dinars in support of the BIBF Dealing Room, the first educational training facility of its kind in the region. The Dealing Room was launched in October 2014 as part of BIBF’s strategy to enhance industry training by providing technology-enabled experiential learning.

Said Khalil Al Meer, Chief Executive Officer of KHCB: "Supporting the growth of the sector is central to KHCB’s strategy and the availability of a facility of this nature is a milestone in the development of both the local and regional financial industry; one that will benefit employees and organisations alike.”

Dr Al Shaikh welcomed the support BIBF received from financial institutions in the interest of enhancing human capital development, and added that the bank’s support would significantly contribute to strengthening not only dealing room operations, but also the development of training programmes.

BIBF’s dealing room allows students to learn about trading stocks and bonds in a real life environment. The facility includes twenty two trading stations that are fully equipped with market tools that link with Bloomberg and Thomson Reuters Eikon.