Khandan - The CEO of "Bahrain and Kuwait" (BBK) that the bank and its subsidiaries is looking forward to the expansion and seize opportunities in the region, especially in the province of Kurdistan.
He revealed Abdulkarim Bucheery CEO of the bank in a statement to the newspaper "days" Bahraini, that the bank looks to expand in other countries, pointing out that a delegation from the World Bank visited the Kurdistan region recently where there are promising opportunities are many, and that it was considering expansion either the bank or one of its subsidiaries, such as company CrediMax.
He explained that «Bank and its subsidiaries seen opportunities and expansion opportunities», pointing out that «Services Company Contact (Invita) of the Bank entered into a partnership with a government institution for the establishment of a call center in Kuwait, but we also have company Geojit partnership with an Indian company long specialized in providing services in the field of securities of non-resident Indians in India, and a Kuwaiti partner.
He pointed out that «the establishment of two companies in Kuwait comes from the experience of the bank in the Kuwaiti market and extensive ties there.
The company expected to begin contact work in Kuwait in the first half of next year.
And the Bank's plans for the next few years, said Chief Executive Officer: «the end of this year we will be finished triple our strategic plan, and we are working to develop a detailed outline of the bank's plan for the next three years from 2013 to the end of the year 2015.
He added: «There is a great team working on this plan, and will be ready before the end of the year to present to the Board of Directors for approval, it is a new plan to expand outside of the bank or its subsidiaries in any country gives us added value.
He pointed out that «the bank is seeking to be a presence in the Saudi Arabian market through a representative office or a partnership or the like as a bank key role in Bahrain, also in Iraqi Kurdistan many opportunities and promising, with stability in Iraq, it will need more and more for banking services ».
Bucheery felt that «competition in the market today is not only on price, but on service, pointing out that« banks seeking to do banking services to its customers in their homes.
He said: «We want to get to the advanced level in electronic services and non-electronic so that the customer in all banking operations as he sat in his house.