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Founded in 1981 as the Bahrain Bankers Training Centre, it is affiliated with the Central Bank of Bahrain and offers more than 400 various training courses in banking, accounting, Islamic finance, insurance, information technology and marketing. BIBF is largely responsible for the Bahrainization of the finance
Since the late 20th century, Bahrain has invested in the banking and tourism sectors. [2] Many large financial institutions have a presence in Manama , the country's capital. Bahrain has a high Human Development Index and was recognised by the World Bank as a high income economy .
Palestine Investment Bank, Bahrain PIB 25 August 2016 PIB Palestine pibbahrain.com: Rafidain Bank Bahrain Rafidain Bank: 1 July 1969 Rafidain Bank rafidainbankbh.com: SICO Bank SICO 3 December 1996 SIO Services sicobank.com: The Saudi National Bank, Bahrain SNB: 4 November 1978 Saudi National Bank alahli.com: Standard Chartered Bank (Bahrain ...
The Benefit Company (TBC) is the local switch in the Kingdom of Bahrain handling ATM and POS transactions among other services. Established in 1997 with a special license from the Central Bank of Bahrain as "Provider of Ancillary Services to the Financial Sector", [1] it is the only financial network of its kind in the country.
Subsidiaries of the BBK include: CrediMax which specialises in credit card issuing; Capinnova Investment Bank, a Sharia compliant investment banking division of the BBK which works with the corporate finance and private equity departments; Invita is a call centre outsourcing subsidiary; Sakana, a joint venture between Capinnova and Ithmaar Bank, focusing on Islamic finance in the real estate ...
The Bahrain Development Bank (BDB) (Arabic: بنك البحرين للتنمية) is a development finance institution established to by the Government of Bahrain to promote investments in the country. [1] BDB is registered with the Ministry of Industry and Commerce and licensed by the Central Bank of Bahrain as a conventional retail bank. [2]
To review and amend accounting and auditing standards for Islamic financial institutions; AAOIFI carries out these objectives in accordance with the precepts of Islamic Shari'a which represents a comprehensive system for all aspects of life, in conformity with the environment in which Islamic financial institutions have developed.
Gulf International Bank (GIB) (Arabic: بنك الخليج الدولي) was established in 1976 during the first oil boom and is incorporated in the Kingdom of Bahrain as a conventional wholesale bank. [1] It is licensed by the Central Bank of Bahrain and is headquartered in Manama in Bahrain. [2]