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Bahrain: CLDP Conducts Training on Secured Lending Law

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On June 30 and July 1, in Manama, CLDP, in cooperation with the Bahrain Economic Development Board and the Central Bank of Bahrain, will conduct a workshop for lawyers and businesspeople regarding the recently drafted Secured Lending Law.  CLDP assisted with the drafting of the new law, which was recently ushered through the legislative drafting process in response to recommendations from the World Bank that such law would improve access to credit in Bahrain.  Local and international experts will focus on the value and mechanics of a law that will allow for lending against movable property and create significant lending opportunities for Bahrain businesses, while providing increased security for lenders.  

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