‘Masrafy’ is going to be the first ever women-only Investment Bank that will be set up in Bahrain in the coming days.



To kick off this new venture, approval is already given by Bahrain Monetary Agency (BMA) with $1 billion authorized capital and $500 million of paid up capital.



Although there are many other banks in the region that offer commercial banking services for the Bahraini women, there is not a single bank which has so far been designed to cater for the investment services and products for the women community.



Rashad Yousef Janahi, the CEO of Abu Dhabi Investment House (ADIH) said:



We consider Masrafy as the first bank in this field which will be run by women banking experts with high qualifications, offering women an opportunity to take part in regional investments.





Via: TRADEARABIA