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Khaleeji Commercial Bank holds annual employee gathering party Honouring employees with long service, professional degree and voluntary social contribution awards


Khaleeji Commercial Bank holds annual employee gathering party
Honouring employees with long service, professional degree and voluntary social contribution awards

Manama, 15th February 2017: Khaleeji Commercial Bank (KHCB), one of Bahrain's leading Islamic banks, held its annual employee party in the presence of the Chief Executive Officer, members of the executive management and over 200 employees from various departments. This event comes within the bank’s social agenda keen to establish this event on an annual basis in order to enhance social communication among employees, which reflects positively on the work environment.

During the party, 12 employees of long service to the bank who spent 10 years of dedicated work were honoured, in addition to a group of employees who attained professional certifications during 2016 and a number of employees with contributions to volunteer work in the framework of the bank’s social responsibility.

During the speech given by Mr Khalil Ismail Meer, Chief Executive Officer, he said: "It is a pleasure to honour our dear employees, whether they are among those who spent 10 years of dedicated service with us undoubtedly contributing to achieving many goals and achievements or those who joined our bank in other stages. Our employees’ hard work and their quest for excellence and distinction is what always puts us in the lead. These close bonds that connect us as a family in Khaleeji Commercial Bank are the foundation for the bank's success and achievement of our strategic objectives."

Mr. Al Meer added: "2016 witnessed many achievements and accomplishments, not only on the financial level, but also on the level of services and products. This includes the opening of the bank’s 11th branch and launching an innovative range of products and services to individuals and companies which were very well received by our stakeholders. The positive indicators of the bank’s performance reflect the full commitment by management and staff to implement our strategic plan in the context of our main business model, which contributed to the bank being awarded the “Fastest growing bank in the Kingdom of Bahrain” award by CPI Financial, Banker Middle East one of the major institutions in the region specialising in news and financial analysis. In addition, the bank received the classification of long-term credit risk with a “Ba2” (cr) rating from “Moody's” agency, a global credit rating company. This was driven by the bank’s improved profitability standards and stable balance sheet backed by adequate capital and healthy liquidity levels, which contributed to strengthening the bank’s financial performance in turn strengthening its long-term credit.”

Mr. Al Meer concluded by saying: "thanks to our staff’s efforts, the bank has occupied a place of prestige among its customers by providing a superior customer experience and high quality services, putting on our shoulders the responsibility to continue our success, excellence and competitiveness. The year 2017 carries with it a lot of challenges to the global and local economy alike, which will certainly affect the performance of companies and financial institutions, along with challenges imposed on us by the demands of the market. But we are starting this year with optimism that we can overcome them with distinction, bearing in mind to work continuously for our customers’ satisfaction to meet their needs and aspirations by providing excellent competitive products."