Al-Maraj said such approach would help in consolidating
the efforts of public and private sectors in developing the economy and
stimulating economic activity.
The meeting held on Sunday discussed the retail banks'
domestic lending and how best to meet the credit needs of businesses and
individuals in Bahrain. A variety of measures were reviewed to encourage
greater bank lending.
The governor praised the efforts of the retail banking
sector and the flexibility in which they dealt with their clients during the
past two years and their constant efforts to strengthen their financial
positions and banking transactions in line with the needs of the local economy.
The meeting was also attended by Khalid Hamad, executive director,
banking supervision and Shaikh Salman bin Isa Al-Khalifa, executive director of
banking.
