Central Bank of Bahrain
  

Central Bank of Bahrain: Vision & Mission Statement


The Vision:

To strengthen the position of Bahrain as a major international financial centre,
through the application of sound monetary and financial policies consistent with
international best practices.

Mission Statement:

  • To ensure monetary and financial stability in the Kingdom of Bahrain.
    The CBB will carry out the above by:
  • Providing central banking services to the government and financial sector
    which are cost-effective, reliable and that support national objectives and
    Bahrain’s position as a major financial centre.
  • Ensuring that the regulation and supervision of the financial sector of Bahrain
    meets the highest international standards, whilst minimizing the direct and
    indirect costs of regulation on financial firms and their customers.
  • Facilitating market innovation, including the development of Islamic banking
    and finance, and encouraging the use of training and technology to enhance
    the competitiveness of Bahrain’s financial sector.
  • Encouraging an open and competitive financial sector, that welcomes new
    entrants, including from overseas, provided they pose no undue regulatory
    risks.
  • Working with international organisations such as the International Monetary
    Fund (IMF), the Bank for International Settlements (BIS), the International
    Organization of Securities Commissions (IOSCO), International Association of
    Insurance Supervisors (IAIS), and the Financial Action Task Force (FATF), in
    order to foster the stability of the global financial system.
  • Promoting a culture of excellence within the CBB work environment which
    emphasizes the highest standards of professionalism, integrity, prudence,
    teamwork and innovation.
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