Mubasher: The board members of Bahrain Bourse (BHB) approved on 22 February the establishment of Bahrain Clear Company, with an issued capital of BHD 5 million and a paid-up capital of BHD 1 million, according to a statement on Bahrain News Agency (BNA).
The board also nominated the board members and executive management of the new company.
“Bahrain Clear will provide services in the areas of settlement, deposition of securities, custodians, and other services to companies, investors, and other related parties,” BNA said.
