A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Friday, March 29, 2024

Standard Chartered aims Bahrainisation rate of 75pc

Standard Chartered aims Bahrainisation rate of 75pc
Standard Chartered aims Bahrainisation rate of 75pc

(Manama) – The Standard Chartered Bank announced it is targeting a localisation rate of 75 per cent by 2020. Currently, the bank, which employs 450 people, enjoys a Bahrainisation rate of over 65pc.

This was revealed during a celebration hosted by UK Ambassador Simon Martin to celebrate the 200 years of Bahrain-UK relations and the role Standard Chartered has played over the years.

Also present were Shaikha Mai bint Mohammed Al Khalifa, President of the Bahrain Authority for Culture and Antiquities as the Guest of Honour, Dr. Boutros Klink, CEO of Standard Chartered Bank for Bahrain and the GCC as well as other guests. The reception was held at the UK Ambassador’s residence.

Commenting on the event, Dr. Boutros Klink said, “Standard Chartered Bank was established in 1920 as the Eastern Bank, becoming the first bank in the Bahrain. Over the 10 decade journey, the bank has made significant contributions to the development of the Kingdom.”

He also emphasized the contributions made to the development of the Bahraini talents through training, providing international experience, instilling best practices, and ensuring that they are prepared to meet tomorrow’s challenges.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

UAE & Turkmenistan expand Economic ties

Turkmenistan's Berdimuhamedow urges UAE collaboration in gas field development....

Crown Prince Appreciates the World Governments Summit Team

The Crown Prince Appreciates the valuable efforts of the...

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...

UK and Azerbaijan celebrate growing bilateral relations

UK PM Rishi Sunak congratulated President Ilham Aliyev on...

World Government Summit brings Global leaders to Dubai

The pre-summit day of the World Governments Summit (WGS)...

HH Shiekh Mohammed bin Rashid Meets Youth

Sheikh Mohammed bin Rashid Al Maktoum met with Arab...

Shiekh Hamdan Bin Zayed Honors Environmental Achievers

His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s...

Princess Kate shares a Message after meeting HM the King

Prince William and Kate Middleton share a Children's Mental...

HM King of Sweden to visit Europe

King Frederik X of Denmark and Queen Mary will...