VOL. XLVI

No 6

10-February-2003

BAHRAIN

BMA Launches Private Banking Survey

The Bahrain Monetary Agency announced on 3 February that initial results of a private banking survey indicate assets exceed $22bn, which constitutes 20% of the total assets held by Bahrain banks. The survey, which covers all commercial banks, offshore banking units and investment banks, assesses the volume of assets held by the banks as deposits and/or investments that exceed $250,000 per client as well as the number of...