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.