President of Al Baraka Islamic Bank arrives


Salah Ahmed Zainalabedin, President/General Manager of Al Baraka Islamic Bank, Bahrain, has arrived in Pakistan on a weeklong visit, along with Tariq Mahmood Kazim, Deputy General Manager.

According to a bank's spokesman here on Tuesday, his busy schedule in Pakistan would include review of the performance of Al Baraka's Pakistan operations, its strategic growth plan and progress in expansion of its network of branches in Pakistan. Besides, he would be hosting an annual dinner, which would provide an opportunity to interact with the business community and members of the banking industry in order to have a feel of the business environment in Pakistan.

"On a personal level, Pakistan is a home away from my home in Bahrain and on the corporate level, we consider Al Baraka Pakistan a vitally important constituent of Al Baraka Islamic Bank Bahrain, which is reflected in Al Baraka's commitment to a plan of accelerated growth of the bank in Pakistan over the next three years, apart from our continued very favourable outlook on Pakistan and its economic progress in the long run also", said Salah Zainalabedin on his arrival in Lahore.

Al Baraka Islamic Bank is one of the banking units of Al Baraka Banking Group's (ABG), a Bahraini Joint Stock Company listed on the Bahrain and Dubai stock exchanges, which is a leading international Islamic bank with a Standard and Poors long-term rating of BBB- and a short-term rating of A-3. ABG offers retail, corporate and investment banking and treasury services strictly in accordance with the principles of the Shari'a.




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