Middle East Economic Survey

VOL. LIII

No 45

8-Nov-2010

BAHRAIN

CBB Governor Welcomes Basel Targeting Of Short Termism

The Governor of the Central Bank of Bahrain (CBB), Rashid al-Maraj, has welcomed the Basel Committee on Banking Supervisions measures to enhance corporate governance in the wake of the global financial crisis. Many of these principles, which were unveiled last month, could be applied generally to all firms and not just banks, he said in a keynote address to the GCC Board of...