Bahrain consolidated its international standing as civilized country: Ebdaa Bank

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Ebdaa bank for Microfinancing – Bahrain congratulated His Majesty King Hamad bin Isa Al Khalifa, the beloved monarch of the country, may God preserve and protect him, and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, on the occasion of the glorious National Day and Anniversary of His Majesty’s accession to the throne.

Her Excellency Mona Yousuf Khalil Almoayyed, Chairman of Ebdaa bank, said that the Kingdom of Bahrain was able to consolidate its position and impose its respect on the Arab and international arenas as an advanced, civilized, responsible country and a significant player in various international arenas. She added that the launch of the reform project of His Majesty the King, gave an unprecedented boost to the process of work and development in various fields, expressing at the same time the absolute confidence in the ability of His Highness the Honorable Crown Prince and Prime Minister to make a qualitative leap in government performance and the work of the executive authority in general in cooperation with the Legislative authority.

“One of the prominent examples of Bahrain’s progress is the success of the Bahraini model in tackling COVID-19 pandemic. The Kingdom of Bahrain provided all the necessary health, economic, financial, and social support for institutions and individuals during the pandemic, as a package of financial and economic aid was launched in March 2020 worth 4.3 billion dinars to strengthen the economic and social security of citizens, support the private and economic sectors to serve the sustainable development process, and maintain public health and safety. Moreover, the Kingdom has postponed loan payments to citizens affected by the pandemic, and exempted citizens from EWA bills and municipal fees, all of which greatly contributed to mitigating the negative effects of the pandemic.” Almoayyed added.

CEO of Ebdaa Bank, Dr. Khaled Al Ghazzawi, said that the anniversary of the glorious national holidays of the Kingdom of Bahrain is an occasion to be celebrated by all Bahrainis, Arabs, and everyone who loves Bahrain, and its leadership. He also hailed the progress and development Bahrain is witnessing in all aspects of life, and how it is harnessing its resources to serve its people and their well-being.

Dr. Al Ghazzawi concluded: “It’s our duty and responsibility in the Ebdaa Bank to intensify our efforts to support the development process in Bahrain under the leadership of His Majesty the King and the support of His Highness the Crown Prince and Prime Minister. We are moving forward in achieving the bank’s goals by providing the necessary financing for low-income Bahrainis who have micro-projects, and help them to supply the market with Bahraini services and products, provide job opportunities, expand and develop their institutions.”

SOURCE: BIZBAHRAIN

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