Top Banks in Bahrain
Bahrain has 411 banks and other financial institutions, which includes 77 wholesale banks, 30 retail banks, and 27 representative offices. In addition, it has 27 Islamic banks. In January 2011, total employment in the financial sector was more than 14,000, with about 8,800 in banking, and the remainder in insurance, money brokering, and other financial services.
Top Banks in Bahrain
Bahrain’s financial sector is sophisticated, consisting of a wide range of conventional (retail) and Islamic financial institutions and markets, including retail and wholesale banks, specialized banks, insurance companies, finance companies, investment advisors, money changers, insurance brokers, securities brokers and mutual funds.
Bahrain has 411 banks and other financial institutions, which includes 77 wholesale banks, 30 retail banks, and 27 representative offices. In addition, it has 27 Islamic banks. In January 2011, total employment in the financial sector was more than 14,000, with about 8,800 in banking, and the remainder in insurance, money brokering, and other financial services.
Overall, the sector contributes 27% of Bahrain’s Gross Domestic Product (GDP), making it one of the key drivers of growth in the country.
Top Retail Banks in Bahrain
Ahli United Bank – Second Largest Bank in Bahrain by Assets – US$ 28.0 billion
National Bank of Bahrain (NBB)
Bank of Bahrain and Kuwait (BBK)
BMI Bank
Futurebank
Top Foreign Banks in Bahrain
BNP paribas Bahrain
HSBC Bahrain
Citi Bank
Top Islamic Banks in Bahrain
Khaleeji Commercial Bank
Bahrain Islamic Bank
Al Salam Bank
Kuwait finance house
Al Baraka Islamic Bank
Ithmaar Banking Group (in 2008 Ithmaar has increased its stake in BBK to 25.4 per cent) – owner of Shamil Bank
Top Wholesale Banks in Bahrain
ABC (Arab Banking Corporation) – Bahrain Largest Bank by Assets – US$28.33 Billion
Subsidiaries –
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ABC Islamic Bank (E.C.) |
Eskan Bank
Albaraka Banking Group – 3rd Largest Bank by Assets – US$ 16 Billion in 2010
Albaraka Banking Group ABG is one of the largest Islamic banking and financial services organizations in the world.
TAIB Bank
An international investment and merchant bank listed on the Bahrain Stock Exchange. Pursues business activities primarily in the Gulf
Top Financial Services Companies
Robeco – Leading Asset Management Company in the Middle East – Company Profile
Tas’heelat (Bahrain Commercial Facilities Company BSC)
Investcorp S.A
Founded in 1982, Investcorp has enjoyed a track record of consistent innovation and performance, having arranged investments with a combined value of approximately $44 billion. The Company has grown to become one of the largest and most diverse alternative investment managers in terms of both product offerings and geography, and currently has approximately $12 billion in assets under management.
Venture Capital
Venture Capital Fund Bahrain (VCFund Bahrain), the leading SME investment fund in the Kingdom of Bahrain