Mubasher: Bank of Bahrain and Kuwait (BBK) plans to invest in the Saudi market through its subsidiary CrediMax for credit cards, Al Ayam Newspaper said according to BBK’s CEO, Reyadh Sater.

The Bahraini bank is considering the legal procedures required for getting a permit from the Saudi central bank, AlAyam added.

It added that BBK has postponed its expansion plan in Iraqi Kurdistan due to the status quo in the area.