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Manama, Could 15 (BNA): Nawaf bin Mohammed Al Ma’awda Minister of Justice, Islamic Affairs and Endowments held a gathering with Bahrain Affiliation of Banks (BAB)’s Chairman Adnan Ahmed Yousif.
The assembly mentioned matters relating to the sector of judicial improvement that help the expansion of the monetary providers sector and the enhancement of the Kingdom’s place as a complicated monetary heart regionally and internationally
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The minister affirmed the help to make use of monetary mediation in resolving monetary and banking disputes, as an environment friendly and financial imply, given its benefits akin to velocity, flexibility, and inclusivity to find consensual options to attain justice.
Al Ma’awda referred to the efforts to develop authorized providers to be extra aware of the necessities of financial sectors, to develop authorized specialization within the subject of settling banking and monetary disputes, finance and insurance coverage, and to learn from fashionable expertise in creating authorized work in all its fields.
BAB Chairman praised the ministry’s help for the banking sector by facilitating litigation procedures and techniques to resolve points associated to monetary and banking transactions.
M.I.
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