Al Baraka Islamic Bank Receives Best Islamic Corporate Financing for SMEs Award for 2023
Commenting on this award, Mr. Fahad AlBalooshi, Chief Corporate & Institutional Banking Officer emphasized the bank's dedication to supporting small and medium enterprises (SMEs) in Bahrain and stated: “This award serves as recognition of the bank's exceptional performance in providing flexible and accessible financing options specifically designed for SMEs. We are keen to be actively aligned with the Central Bank of Bahrain's initiative to enhance support for SMEs within the economic recovery plan. Hence, by empowering SMEs to grow and prosper, Al Baraka Islamic Bank aims to play a significant role in driving the recovery and advancement of the SME sector in Bahrain considering them an essential part of our vision for sustainable economic growth”.
The Global Business Outlook Awards recognizes business excellence amongst companies that play an integral role in enhancing various sectors and honors organizations for achieving outstanding results that have been acknowledged across the global market.
For any further information on Al Baraka Islamic Bank, kindly visit our website at www.albaraka.bh or call us on 13300400.