Since the outbreak of the Arab Spring in 2011, Bahrain’s banking and finance sector has faced a considerable slew of challenges – challenges that show no sign of abating.

The government’s finances have been hit hard by the crash in oil prices since the end of 2014, forcing it to tap the bond markets in an effort to plug its budget deficit and leaving it grappling with ballooning public debt. (CONTINUED - 2206 WORDS)