Ithmaar Bank, a Bahrain-based Islamic retail bank, was honoured at a ceremony participated in by senior lenders from throughout the Middle East after it was named Best Islamic Retail Bank in Bahrain.

Ithmaar Bank was presented the distinguished award adhering to a comprehensive selection and review process conducted by a committee of top-level financial experts and banking professionals, also the study department of the Union of Arab Banks and the World Union of ArabBankers. The award was obtained in support of the Ithmaar Bank President, Ahmed Abdul Rahim, by the Ithmaar Bank Head of Commercial and Financial Institutions, Abdulla Talib.

" Ithmaar Bank is committed to becoming the region's premier Islamic retail bank," stated Abdul Rahim. "This is a commitment we take very seriously, and I delight in to keep in mind that our initiatives in this direction are being discovered, identified and celebrated at a regional level," he said.

" Winning this award is statement to that the vision defined by the Ithmaar Bank Board of Directors, led by the Chairman His Royal Highness Prince Amr Al Faisal, is being translated into a substantial reality," said Abdul Rahim. "It is significant achievement by any procedure, and is an outcome of the commitment, commitment and know-how of our workers," he stated.

Enhanced customer satisfaction, along with the succeeding development of our core retail banking business, is excellent incentive in itself and I am confident that the acknowledgment will certainly aid influence us to also greater accomplishments," said Abdul Rahim. This, in turn, will help further reinforce Bahrains position as a key banking and finance hub in the region, he said.

Wissam Fattouh, Secretary General, World Union of Arab Bankers (WUAB) and Union of Arab Banks (UAB) praised Ithmaar Count on winning the award and wanted the Bank proceeded success.

" The Arab Banking Awards celebrates accomplishments of excellence throughout the Arab Banking field," stated Fattouh. "Winning the most Best Islamic Retail Bank in the Bahrain category is testimony to Ithmaar Bank's track record for excellence, and we praise them on this significant accomplishment," he said.

" Ithmaar Bank was chosen as the very best Islamic Retail Bank in Bahrain by a high level committee of economic experts and bankers, in addition to the WUAB and UAB research teams," said Fattouh. "It is a great success and an effective statement to the Bank's impressive success," he said.

The World Union of Arab Bankers (WUAB) is a noticeable Arab Forum that is bought by Arab leaders of business economics and finance, as well as prominent banking pioneers, leading experts, successful business owners, impressive professionals and brilliant business owners. WUAB, a sibling organization of the Union of Arab Banks (UAB), is a charitable, non-governmental organization that delights in the privileges, resistances and exceptions reached regional and global companies running under the Arab League.

The UAB enjoys full monetary, management and organizational freedom. It is considered real representative of the Arab banking and financial community, and the major advocate to Arab banks and financial institutions as well as the Arab shared banking establishments.