Manama: Financial institutions in the Kingdom of Bahrain continue to demonstrate a high level of readiness and adaptability amid recent regional developments. The financial sector remains fully operational, maintaining its essential role in serving customers and supporting economic activity with stability and efficiency. This reflects the strength of Bahrain’s financial system, underpinned by robust institutional frameworks and advanced operational capabilities that enable institutions to respond effectively to evolving conditions.
According to Bahrain News Agency, Yaser Al Sharifi, Chairman of the Bahrain Association of Banks (BAB), commended the leadership of His Majesty King Hamad bin Isa Al Khalifa and the efforts of the government led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. He also highlighted the role of government and security authorities in safeguarding the security and stability of the Kingdom and protecting citizens and residents.
Al Sharifi further expressed his appreciation for the Central Bank of Bahrain (CBB)’s role in strengthening the financial sector’s resilience through a regulatory framework that supports the stability of banking institutions and enables them to continue operating effectively under a wide range of conditions. He noted that these efforts help maintain a stable environment, allowing financial institutions to continue serving customers and supporting economic activity with confidence.
He emphasised that Bahrain’s banking sector remains strong and resilient, supported by well-established regulatory frameworks and advanced operational infrastructure. Financial institutions continue to provide services to customers in a normal and uninterrupted manner while ensuring business continuity and meeting the needs of both individuals and businesses. He added that maintaining reliable financial services and supporting customers remain core priorities for the sector.
Al Sharifi also highlighted the role of the Bahrain Association of Banks in facilitating dialogue and coordination among member institutions by providing a platform for engagement, knowledge sharing, and the exchange of best practices. Such collaboration contributes to strengthening cooperation across the sector and enhancing collective preparedness to address evolving challenges.
Zeeba Majeed Askar, CEO of BAB, noted that financial institutions across the Kingdom swiftly activated their business continuity plans in a coordinated manner, ensuring the uninterrupted operation of critical financial services. These measures have enabled the continued functioning of payment systems, interbank transactions, and financial services provided to individuals and businesses. She added that maintaining the smooth flow of these essential services is vital to supporting economic activity and strengthening public confidence in the stability and resilience of Bahrain’s financial sector.
She added that continued investments in digital infrastructure and financial technology have further strengthened the sector’s operational resilience, enabling institutions to maintain service delivery through secure and efficient digital channels. Financial institutions have also demonstrated considerable flexibility in managing their operations during this period, while fulfilling their social responsibilities by supporting employees, responding to customer needs, and providing appropriate facilitation measures.
Askar also emphasised that the safety and well-being of employees and customers remain a top priority for financial institutions, with appropriate measures implemented to ensure a safe working environment while maintaining uninterrupted services.