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   2019
   
 

Staff of Al Baraka Baking Group and Al Baraka Islamic Bank Bahrain have a grand celebration of Bahraini Women's Day

Manama December 1 2019: The Staff of Al Baraka Banking Group and Al Baraka Islamic Bank, Bahrain had a joint celebration of Bahraini Women's Day on December 1, 2019. The celebration was held at the Al Baraka Headquarters located at Bahrain Bay.

The event was organized in Grand style and was attended by the President & Chief Executive, Mr. Adnan Ahmed Yousif and other senior management officials from both institutions.

In his speech the President & Chief Executive, Mr. Yousif extended all the greetings and appreciation and wished them every success in their careers and family life.

Mr. Yousif said, "There is no doubt that the celebration of Bahraini Women's Day is one of the national occasions that is widely received by all official and civil institutions in the Kingdom of Bahrain. It is an important occasion to shed light on the important milestones in the participation of Bahraini women towards supporting national development in various fields and levels".

Mr. Yousif, further stated that on the occasion of the Bahraini Women's Day 2019, the Supreme Council for Women have adopted the theme "Bahraini Women in Higher Education and Future Sciences" on the occasion of the centennial of education in the Kingdom of Bahrain this year, which also marks the 100th anniversary of the establishment of Bahrain's banks.

Therefore, Mr. Adnan Ahmed Yousif reinforced that it is possible to state that the banking sector has a major role to play in the economic empowerment of women, with the great patronage and support of the political leadership of the country.

With regard to Al Baraka Group, Al Baraka Islamic Bank, and the general units of Al Baraka, Mr. Yousif assured the women at Al Baraka stating that they would have undoubtedly noticed the great attention and care given to women in all departments and sections of Al Baraka.

The President & Chief Executive's inspiring speech emphasized the organization's keenness to provide all access to senior positions, promotions and academic and professional development to the women at Al Baraka globally.

The function was marked with a cake cutting as well as gifts were distributed to all women.

About Al Baraka

Al Baraka Banking Group B.S.C. ("ABG") is licensed as an Islamic wholesale bank by the Central Bank of Bahrain and is listed on Bahrain Bourse and NasdaqDubai. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion.

The Group has a wide geographical presence in the form of subsidiary banking units and representative offices in 17 countries, which in turn provide their services through over 700 branches. Al Baraka Banking Group has operations in Jordan, Egypt, Tunis, Bahrain, Sudan, Turkey, South Africa, Algeria, Pakistan, Lebanon, Saudi Arabia, Syria, Morocco and Germany, in addition two branches in Iraq and two representative offices in Indonesia and Libya.

ABG and its Units offer retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorized capital of ABG is US$ 2.5 billion.

ABG is rated BB (long term) / B (short term) by Standard & Poor's and BBB+ (long term) / A3 (short term) by Islamic International Rating Agency (IIRA). IIRA has also rated ABG on the national scale at A+ (bh) / A2 (bh) with a fiduciary score of 81-85, the highest level amongst Islamic Financial Institutions in the region.

 

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