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Press Release

Family Bank Sponsors the Seventh Forum of Business Administration

Sponsored Family Bank Seventh Forum of Business Administration, which was held recently at the University of Bahrain Ptnzbm from the College of Business Administration at the University of Bahrain Society under the slogan (Entrepreneurship – an idea .. Sunrise .. Excellence), under the patronage of His Highness Sheikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth Sports and President of the Bahrain Athletics Federation, which was mandated to attend the closing ceremony of His Highness Sheikh Faisal bin Rashid Al Khalifa, President of the Royal Equestrian and Endurance Federation.

In this regard , Chief Executive Officer Dr. Atef Shabrawi said , ” The Family Bank is keen since its inception on the participation and support of exhibitions and events Youth held by educational institutions and private institutions and NGOs in order to Bahraini youth in various fields to support and embrace their ideas and projects further to provide training programs and counseling for young people in Majan It is the ultimate goal , which the bank is trying to connect to it.

He Shabrawi ” is a family bank as the first Islamic bank microfinance, where his vision depends on the application of sound standards within the teachings of Islamic Sharia in the empowerment of individuals and families of low – income Bahrainis to build a secure future for themselves and by activating the micro – finance mechanism of the Islamic tiny as the most successful means to support low – income families and to young Bahrainis who bank through its work in developing themselves sought by offering them financial services and programs for non – financial services support . ”

Shabrawi confirmed ” that the family bank is working hard to support the financing of small and micro – enterprises, training and provision of management and financial consulting, and the establishment of joint training programs for young Bahrainis and involve them in services, consulting and development programs, and linking them to a network supporting small and medium enterprises in the Kingdom of Bahrain ‘s institutions, and the creation of awareness and development Creative thought and the thought of entrepreneurship and point of call for all the ambitious young Bahrainis benefit from the services of the bank to translate their ideas into reality . ”

It is worth mentioning that the family bank was established at the initiative of the Ministry of Social Development, in partnership between: the Royal Charity Organization, BBK, Ithmaar Bank and Ahli United Bank, Kuwait Finance House, and in accordance with the framework of cooperation with the Grameen Foundation, the Bank received a license from the Bank Central Bank of Bahrain and opened in January 2010 as the first specialized social bank in microfinance operates in accordance with Islamic law, where the bank gave its services to more than one thousand seven hundred beneficiaries since its inception and have benefited from its services non – financial hundreds through participation in exhibitions and workshops .