IMF hails Bahrain financial sector
Bahrain's financial sector is shock-proof, the International Monetary Fund (IMF) has indicated in a new report, cited by the GDN.
This "vote of confidence" came as the IMF published the results of its Financial Sector Assessment Program (FSAP) review of Bahrain.
Potential overheating in regional economies is the main threat to financial stability, but Bahrain's financial sector should be resilient to such shocks, read the report. It describes Bahrain's prudential regulations as "modern and comprehensive."