The CEO & the Board Member of the Family Bank Dr. Khalid Abdulla Ateeq welcomed the Minister of Labour in the state of Palestine Dr. Mamoun Abu Shahla and the Palestinian Ambassador to the Kingdom of Bahrain Mr. Taha Moh’d Abdulqader at Family Bank Headquarter in order for them to learn about the experience and the Bank Programmes and services in micro and small enterprises.
During the visit, the delegation heard a detailed explanation from the CEO & department managers at the Family Bank about what the Bank can provide such as; financial support to people and families of limited income through services and enterprise programs that are applicable to the Islamic laws. As well as the role Family Bank plays in increasing the humble Bahraini Families’ income who are incapable of improving their lives and use their energy to start their own small successful businesses focusing on those who have talents and the determination but do not have enough money, experience or skills to start their journey.
What is important to mention is Family Bank was created on the initiative of Ministry of Labour and Social Developments that is cooperated between: Royal Charity Organization, Bank of Bahrain and Kuwait, Ithmaar Bank, Ahli United Bank and Kuwait Finance House. Family Bank got its license from Central Bank of Bahrain and established in January 2010 as the first social bank specialized in small enterprises which works upon the Islamic laws.