Bahrain Clear Participates in MENA Market CSD Roundtable hosted by FAB

Abu Dhabi, Sept. 30 (BNA): Bahrain Clear, a fully-owned subsidiary of Bahrain Bourse, has successfully participated in the MENA Market CSD Roundtable hosted by First Abu Dhabi Bank (FAB) that was held recently. This comes as part of part of Bahrain Clear’s efforts to develop its CSD services, and offer enhanced services to investors in line with international practices and standards.  

 

Abdulla Abdin, Chief Operating Officer of Bahrain Clear participated in the roundtable discussion to showcase Bahrain Clear’s recent developments, including key advancements in post-trade services, with the attendance of leading global custodians, international private banks, and broker dealers. The discussion was followed by Q&A from the participants.

 

“Bahrain Clear’s participation in the MENA Market CSD Roundtable hosted by First Abu Dhabi Bank (FAB) aims to highlight the most recent developments taking place to the network of international custodians and asset managers,” commented Abdulla Abdin, Chief Operating Officer of Bahrain Clear.

 

“We are pleased to have Bahrain Clear host a dedicated session focused on the post-trade developments within the Bahrain securities market.  This is part of FAB’s broader MENA roundtable series, where senior representatives from the national exchange depositaries of KSA, UAE, Egypt, Kuwait and Oman each host a separate session offering our international clients a unique opportunity to receive market insights.  We look forward to Bahrain Clear sharing details of their continued success in shaping the local market infrastructure to attract foreign investors”, said Kashif Darr, Managing Director, Head of Securities Services.

 

 

Attendees included representatives from Northern Trust, BNP Paribas, BNY Mellon, SEB Group, Credit Suisse, and SSB, among others.

 

WHQ