The Bahrain office will be BLME’s first overseas presence, through which the bank intends to tap the Middle East markets.

BLME CEO Humphrey Percy said Bahrain provides BLME with a base for its operations in the Gulf and forms an integral part of BLME’s strategy to expand across the region.

"BLME offers clients a range of high quality funds and property advice in addition to private and institutional banking products and services."

"He would like to thank the efficient, considerate and courteous way BLME’s application was handled by Licensing & Policy Directorate. The entire process was accomplished with the minimum of fuss and to a very short timescale," Percy concluded.