KHCB Supports the BIBF Dealing Room

Manama, Bahrain – March 9, 2015: Khaleeiji Commercial Bank, one of Bahrain’s leading Islamic banks, recently donated five thousand Bahraini dinars in support of the BIBF Dealing Room, the first educational training facility of its kind in the region. The Dealing Room was launched in October 2014 as part of BIBF’s strategy to enhance industry training by providing technology-enabled experiential learning.

Mr. Khalil Al Meer, Chief Executive Officer of Khaleeji Commercial Bank (KHCB), presented the cheque to BIBF’s Deputy Director Dr. Ahmed AlShaikh in the presence of representatives from both organisations.

Mr. Al Meer highlighted the importance of investing in human capital development. “Supporting the growth of the sector is central to KHCB’s strategy and the availability of a facility of this nature is a milestone in the development of both the local and regional financial industry; one that will benefit employees and organisations alike.”

Dr. Al Shaikh welcomed the support BIBF received from financial institutions in the interest of enhancing human capital development, and praised Khaleeji Commercial Bank’s role in contributing to the aspirations of economic development in the Kingdom.

He added that the bank’s support would significantly contribute to strengthening the operations of the dealing room, and the development of training programmes tailored to cater to various specialisations.

BIBF’s dealing room is the first of its kind in the region, powering technology-enabled experiential learning, which allows students to learn about trading stocks and bonds in a real environment. The facility includes twenty two trading stations that are fully equipped with market tools that link with Bloomberg and Thomson Reuters Eikon.