Ireland given lesson in Islamic finance
Wednesday 8 December 2010 - by Will Henley
A senior Irish delegation headed by Matthew Elderfield, the country's top regulator, and former Prime Minister John Bruton, was in Bahrain on Wednesday for the signing of a memorandum of understanding between the two countries.
The memorandum was signed by Elderfield and Abdul Rahman Al Baker, executive director for financial institutions supervision at the CBB.
Al Baker said: "We look forward to working with the Central Bank Of Ireland in order to further enhance the cooperation in the field of financial services.
"This MOU represents the mutual understanding which will surely initiate further opportunities between the two countries."
Bruton is chairman of Ireland's International Financial Services Centre.
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