Mr. Mohamad Ali Al Abbar, Chairman of Al Salam Bank – Bahrain Founders Committee, made an executive tour in some of the IPO centers in Bahrain with the company of H.H. Sheikh Ahmad Al Khalifa, Bahrain Minister of Finance and Sheikh Ibrahim Al Khalifa, Deputy Finance Minister.
The tour also included Mr. Hussein Mohamad Al Meeza, Vice Chairman of Al Salam Bank – Bahrain Founders Committee, and Mohamad Bin Omeir Bin Yousif, Member of Al Salam Bank – Bahrain Founders Committee where they visited the branches of the IPO receiving banks in Bahrain such as the Ahli United Bank, Bahrain Islamic Bank and Bank of Bahrain and Kuwait. They also visited the Bahrain International Exhibition Center hall booked for receiving of the IPO applications on Al Salam Bank from the 6th till the 19th of February.
“We have paid delicate attention to the issues of organization to guarantee absolute comfort for investors. Through informed selection of branches of the receiving banks, preparations and the training that employees have received, we have succeeded in avoiding unnecessary traffic and other hindrances” said Al Abbar.
Moreover, a large hall of the Bahrain International Exhibition Center had been assigned and dedicated for receiving subscribers where reception offices, waiting areas and car parking have been efficiently distributed. The hall is expected to be crowded on Wednesday and Thursday over the weekend, yet, the hall will still be able to encompass and service all clients and investors.
Sheikh Ahmad Al Khalifa had praised the organizing efforts of the IPO and the well-organized subscription process of Al Salam Bank Bahrain.
“Till today, the IPO process has been very successful and we are expecting more success till the end of IPO on 19th of February. Here, I would like to thank the official attention of the Finance Ministry of Bahrain and the support that was provided for the successful launch of Al Salam Bank in Bahrain” ended Al Abbar.