MANAMA: With the approach of the formal listing of its shares on the Dubai Financial Market (DFM), Bahrain-based Khaleeji Commercial Bank (KHCB) organised a special presentation for stock brokers to introduce them to the bank, its services and innovative products.
KHCB’s shares will be listed in DFM on December 19, after obtaining approvals from regulatory authorities in Bahrain and the UAE including the Central Bank of Bahrain, the DFM and the Securities and Commodities Authority. The listing process will be finalised during a special ceremony at the DFM in the presence of board members, representatives of the authorities concerned in the UAE and the media.
The presentation was attended by some members of the executive management and stock brokers who were briefed about the bank’s history, its financial and administrative performance since its inception in 2004 and the products and services provided to its customers and shareholders.
KHCB board chairman Dr Ahmed Khalil Al Mutawa, said: “We are very pleased to hold this introductory meeting which aims to give stock brokers an opportunity to acquaint themselves with KHCB and its value as an investment opportunity for investors in Dubai Financial Market. We look forward to KHCB’s achievements and gains through its official listing on December 19.”