NO. 23


Financial and Banking News

Capital Markets

Bahrain International Bank Leads The Way With New Stock Option Scheme

Bahrain International Bank (BIB) is to introduce an innovative incentivescheme whereby full time staff will be offered share options. The bank'sdirectors have authorized a capital increase of up to 10% of existing paid-incapital in anticipation of the move. The options will be issued at thediscretion of the directors over a five-year period which will...