Gulf Clearing Company commences operations in Bahrain

Published March 8th, 2004 - 02:00 GMT
Al Bawaba
Al Bawaba

Gulf Cleaning Company (GCC) commenced its operations this month from its offices in NBB Tower, Manama, Bahrain. 

GCC Bahrain is the subsidiary of Gulf Clearing Company Kuwait, with a paid up capital of two million dollars, licensed and regulated by the Bahrain Monetary Agency (BMA).  

 

GCC's activities consist of providing custody services and act as a registrar, administrator, representative in addition to all other related services required by new companies and funds whether listed or non-listed in Kuwait, and Bahrain, Islamic and conventional.  

 

GCC has funds under custody in excess of three billion dollars. It provides a range of services catering to the needs of both fund manages and institutional and corporate clients. — (menareport.com) 

© 2004 Mena Report (www.menareport.com)