I am honoured to introduce BBK’s annual report for the year ended 31 December 2017. Despite the challenging environment, we can look back on a year of significant achievements. We maintained our record of annual growth in profitability, and continued to implement the Bank’s strategic priorities.
I extend our thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa, the King of the Kingdom of Bahrain, and His Highness Sheikh Sabah Al Ahmad Al Sabah, the Amir of the State of Kuwait. And I thank the respective governments and regulatory authorities for their support and guidance.
I also thank the Board of Directors and all stakeholders for their outstanding contributions during the year. I have every confidence that their knowledge and guidance will be valuable in realising our vision for growth as we enter the closing year of our 2016-18 strategic cycle.