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Central Bank of Bahrain (???? ??????? ???????)
The Central Bank of Bahrain is a public entity which was established in September 2006. It is the successor of the Bahrain Monetary Agency which was established in 1973. This has several objectives: the first is to ensure stability monetary and financial in the kingdom. The second is to supervise and develop the financial sector while protecting the interests of clients and depositors.
For this, the Central Bank of Bahrain has to perform several functions, starting with the implementation of exchange rate policy and the control of payments and settlement systems. This organization must also establish simple and effective rules to the attention of all financial institutions of the kingdom: banking, securities brokerage firms, trust companies, insurance companies, leasing companies, etc. . Other missions have been allocated to the Central Bank of Bahrain such as the issuance of the national currency (the Bahraini dinar) and management of reserves of gold and foreign exchange reserves of the kingdom. The bank also works closely with the Government of Bahrain to offer them banking services.
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