Bahrain EDB has hailed the decision by BSI Bank, one of the oldest banks in Switzerland, to base its regional headquarters in Bahrain as a boost to the Kingdom’s financial sector.
BSI Bank, which has assets under management in excess of 85 billion, is the latest in a string of leading international financial services firms who have decided to locate in the Kingdom. In the last year, Notz Stucki, Canara Bank and PineBridge Investments have all opened regional offices in Bahrain which is now host to more than 400 financial institutions………………………………………..Full Article: Source