An analysis of key implications and potential countermeasures
The COVID-19 pandemic is having an unprecedented impact on financial markets globally, regionally and in Bahrain, with implications for operating models, employees, suppliers, customers and in turn financial results.
This coupled with the effects of drop in oil prices, creates a unique situation the industry is faced with today. While the government has taken a number of proactive and supportive measures to ensure that the
financial system and wider economy are protected, as far as possible, there are still implications that banks will inevitably face in the medium term.
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