Honoured guests, ladies and gentlemen, it is with great pleasure I declare open the BNP Paribas office in the Bahrain Financial Harbor. May I wish the bank a successful and prosperous evolution and continued close association with the development of Bahrain as the leading international financial centre of the Gulf region. BIS Review 161/2008  1
BIS Review 4/2007  1  In the months ahead, we can look forward to even more challenging and exciting developments as we move closer to full compliance with Basel II, the global capital standards for banks. Preparation is crucial; by now, for instance, banks should have established a sound risk management system.