Sunday, 5th July 2009

 

18 July 2008 - Press Briefing

Swiss private bank gets regulatory nod for Bahrain foray

BSI AG (Generali), a Swiss private bank, has obtained regulatory approval from the Central Bank of Bahrain to set up an office in the Middle East country, according to a report in Antara.

The move will mark BSI AG's first presence in the Gulf region.

Saad Osseiran, currently in charge of BSI AG’s Middle East Private Banking Desk at BSI Generali UK, will oversee the new office, which will provide advisory services customised to local needs.

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