the patronage of H.E. Dr. Fatima Al-Balooshi, the Kingdom of Bahrain s Minister of Social Development. The incubator, the first of its kind in the Kingdom of Bahrain, supports people coping with disabilities by providing them with training in business and office skills such as information technology, customer relations and ethics, boosting their capabilities and employment prospects; The Bank has held forums on Islamic Finance with University Paris-Dauphine; The Bank also participated in the in the Kingdom of Bahrain Charity Marathons between 2010 and 2012.

SUPPORTING OUR CLIENTS IN THE KINGDOM OF BAHRAIN

BNP Paribas Bahrain branch has been fundamental in the sourcing and execution of some of the region s landmark deals, especially in recent years, with both private sector and state infrastructure investments accelerating. Below are some examples.

In 1994, Paribas Asset Management was chosen by the Bank of Bahrain and Kuwait to manage a three-year closed-end investment fund. This fund, whose initial capital was guaranteed by Paribas, was invested in international bonds. Marketed by the Bank of Bahrain and Kuwait to their clientele in a number of Gulf States, it marked the first time that a third party was able to manage a fund carrying its own name.

In November 2002, the Bank acted as joint lead manager on the first international bond for the Kingdom of Bahrain. Also in 2002, the Bank participated in setting up an export credit alongside an Islamic loan to secure the financing of the extension of the Al Hidd power plant.

Energy and power were to be a major theme running through BNP Paribas activities in the Kingdom of Bahrain over the following decade, as the country invested heavily in its infrastructure.

In 2003, the Bank secured the largest advisor mandate ever awarded prior to that date in the Gulf s energy sector, related to the construction of an independent power project (IPP) at the Al Hidd complex, designed to provide the Gulf state with an extra 1,000 MW of electricity generating capacity.

In 2004, this was followed by the Bank winning the financing advisory mandate for the Al Ezzel project.

During the 2000s, BNP Paribas played a leading role in the development of industrial projects and established a close partnership with Aluminium Bahrain (ALBA), the second largest aluminium smelter in the Gulf and the fourth largest in the world.

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