Financial and Banking News


BMA Studying Deposit Insurance Scheme

The Bahrain Monetary Agency (BMA) is studying the possibility of introducing a deposit insurance scheme, according to its Governor, Mr. 'Abdallah Saif, addressing a conference in Manama last week. Although Mr. Saif gave no further details of the study, the thrust of his remarks was to highlight the "growing sense of reality" which now exists among banks there, which are no longer paying high...