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The Central Bank of Bahrain (CBB) has granted a financing company licence to L2O, allowing it to operate in the kingdom.
Commenting, CBB director of licensing Abdulla Haji said, “We are pleased to announce the issuance of a licence to a new financing company in Bahrain. This reflects CBB’s efforts in supporting development of the financial services sector while ensuring robust regulatory oversight, and its commitment to fostering a competitive financial ecosystem.”
The company aims to offer financing products that will assist customers in acquiring stable liquidity to ensure continuity of their personal or business needs.
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