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Financing
COMECO's
financing service is considered to be one of the most vital supports
it could avail to its clients. Financing activities involve account
management, money receipt and wire transfers, bank guarantees, Letters
of Credit, loans, foreign exchange currency, funding investments
and personal savings.
Bahrain's high standing
as the center of financial business district in the Middle East
wherein more than 200 banks and financial organizations are stationed,
operate their Middle East business activities here. COMECO taking
into account its strategic location in Bahrain has over these years
earned the trust and confidence of every international bank situated
in this region, namely the CITIBank, Standard Chartered Bank, Bank
of Bahrain & Kuwait B.S.C. and the National Bank of Bahrain.
With
the support of these banking titans, COMECO is capable of providing
first class banking service to its clients. By the end of 2002,
COMECO has achieved a total bank turnover of 100 Million U.S. Dollar.
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