24 March 2014
Manama

SWIFT Business Forum Bahrain 2014

Report of event

#BFBahrain

In his welcoming address to the inaugural SWIFT Business Forum Bahrain, Francis Vanbever, Chief Financial Officer, SWIFT, highlighted the importance of Bahrain and the GCC to SWIFT’s business. Bahrain was the first GCC country to join the SWIFT network in 1987 and, in the last 15 years, Bahrain’s SWIFT traffic has increased by 12.3% and the GCC as a whole by 11.7%, versus 11.6% growth in EMEA and 11.3% globally. This reflects a broader regional trend that is seeing the Middle East & North Africa represent an ever increasing proportion of SWIFT’s business, said Mr Vanbever.

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