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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
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 ...
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 ...
It obtained an offshore banking unit licence from the Bahrain Monetary Agency on 7 April 1980, and began operations in the same month. The bank is listed on the Bahrain Bourse and its major shareholders are the Central Bank of Libya (59.37%) and Kuwait Investment Authority (40.63%). Its network spreads across 17 countries in the Middle East and ...
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.
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]
National Bank of Bahrain (NBB) was established in 1957 as the first indigenous bank in Bahrain. They are a nationwide network of 25 branches , 61 ATMs , and over 4,000 points of sale terminals in addition to their branches in Abu Dhabi and Riyadh .
In 2022, Bahrain’s nine banks offering Islamic banking services recorded a 3.5% rise in sharia-compliant assets for 2020, with just, ABC Islamic Bank and Al Salam Bank, recording a growth of more than 10% for the year. [5] In 2022, ABC Islamic Bank sponsored the 11th Edition of the Annual Sukuk Report by The International Islamic Financial ...