-
Investor Relations
- Corporate Governance
- Investor Presentations
- LIBOR Transition
- Compliance and AML
- Sustainability
- Financial Information
- Shareholders Toolkit
- FAQs
- Investors’ Queries
-
-
Accounts
- Al Hayrat Account
- Current Account
- Fixed Deposits Account
- Money Maker Account
- Salary Transfer Account
- Starmaker Account
- Super Saver Account
Al Wajaha
- Overview
BBK Lite
- Overview
NRI
- NRI Services
Debit Cards
- Classic
- Gold
- Signature
- Infinite
Self-service Banking
- ATM
- Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
- Debit Card Issuance Machines
Foreign Exchange
- Remittance
- American Express
-
Insurance
- Home Secura
- Motor Secura
- Travel Secura
Investment
- Bonds
- IPO
- Mutual Funds
- Real Estate Investment
-
Branches and Self-Service
- Branches
- ATM
- Deposit Machines
- Debit Card Issuance Machines
- Corporate Deposit Machines
- Interactive Teller Machines
- Bank Certificates Issuance Machines
- BBK Virtual
Contactless Payments
- Apple Pay
- Samsung Wallet
- Google Pay
- Garmin Pay
- Fitbit Pay
More Ways to Bank
- New Mobile app & Online Banking
- eStatements
- BBK BanKey
- Corporate Deposit Card
- Debit Card
- Telebanking
- Open Banking
- AFAQ Payment System
Sign Language
- Sign Language Directory
-
-
-
Accounts
- Business Current Account
- Business Fixed Deposit Account
Cash Management
- Bankey eBanking
- Payroll Services
- Deposit Machines
- POS Credimax
- Remittance
-
Working Capital Finance
- Overdraft
- Cheque discounting
- Short Term Loans
Long Term Finance
- Project Finance
- Assets Finance
- Real estate Finance
-
Corporate Banking
- Government Affairs
- Real Estate, Services and Trading
- Contracting, Building Material, and Manufacturing
International Banking
- Overview
- Services
- NRI
- Offshore Branches
- Representative offices
Enterprise Banking
- Overview
-
-
-
-
FINANCIAL NEWS
IMF sees 6.6% growth for MENA oil exporters in 2012
09 Oct 2012
(MENAFN) The International Monetary Fund (IMF) has forecasted the Middle East and North Africa (MENA) region’s oil exporting countries to see a 6.6 percent economic growth this year, largely because of a strong economic activity in post-civil-war Libya, Reuters reported.
In its previous semi-annual review in April, the IMF expected a 4.8 percent growth across the oil producing economies of the Middle East and Africa, which is higher than the 3.9 percent expansion in 2011.
Iran, however, was forecasted to contract by 0.9 percent in 2012, due to the international sanctions over its disputed nuclear programme. In April, the IMF expected Iran’s economy to expand by 0.4 percent this year.
The IMF also warned that governments of the oil exporters have boosted their expenditures to a level that substantial declines in the price of oil could heavily impact their fiscal positions.
“Despite significant accrued financial buffers, such declines could put at risk ongoing infrastructure investment and growth,” it said.
However, geopolitical risks, including those related to Iran, could lead to higher oil prices, the IMF added.
The IMF said that the priority should be to take advantage of high oil prices to diversify economies away from hydrocarbons.
More News
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more