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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
The listed holding company was then renamed Commerce-Asset Holdings Berhad (CAHB). BBMB merged with CAHB to form the Bumiputra-Commerce Bank in 1999. SBB acquired Ban Hin Lee Bank Berhad and two smaller finance companies, Perdana Finance Berhad and Cempaka Finance Berhad in 2000 as part of a government initiated banking consolidation plan. [12]
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 ...
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 .
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 ...
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 ...
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 .
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]