People’s Bank ties up with ‘Export Bahrain’ to boost exports
View(s):People’s Bank, as a key state bank, has identified the importance of the development of the SME export sector in line with the government objectives.
Accordingly, last year, the bank implemented the novel concept of the establishing export sector specific SME Hubs (Export Hubs) which provide both financial and non-financial assistance to the SME sector to harness opportunities in the global market place. Under this initiative, SME customers are offered pre-shipment facilities, post-shipment facilities, Advisory services, special online banking Services etc. The bank said, in a media release, that it has already established five export Hubs around the country.
Driving the bank’s mission to promote exports further, a senior team from People’s Bank recently met with Export Bahrain; a strategic initiative of Bahrain’s national SME Development Board. Export Bahrain is a body designed to support and nurture the development of the export potential of businesses based in Bahrain through the creation and delivery of unique solutions designed to help businesses from Bahrain access trade opportunities in global markets.
“Export Bahrain” Chief Executive Officer Safa Sharif A. Khaliq, together with Zainab Matrook from the Marketing and Promotions section of “Export Bahrain” met People’s Bank Chairman Sujeewa Rajapaksa and Clive Fonseka, CEO/General Manager of People’s Bank on January 8.
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