Bahrain has developed into one of the Gulf’s top destinations for financiers and entrepreneurs over time. There are 403 organizations in the country, according to the CBN. 103 funds and merchant banks are present. Out of them, 24 are Islamic financial institutions and 79 are traditional institutions.
It is the economic capital of the Mideast. The nation’s money-lending industries are governed by the Central Bank of Bahrain (CBB). The country’s capital market has open and compliant legislative, administrative, and accounting procedures that adhere to global norms.
This ranking of the country’s major institutions is a useful starting point for anyone seeking a profession in banking or seeking to open an account in the country. See our lists of credit institutions for further information
Ahli United
One of the biggest banks, Ahli United, is situated in Manama. It was established in 2000 and offers solutions in domestic, corporate, Islamic, industrial, and personal banking. It offers Islamic banking solutions and facilities in addition to public and institutional banking, asset administration and investing products, personal loans and stockbroking, and treasuries.
Arab Bank
One of those internationally renowned banks is Arab Bank. They operate more than 500 offices throughout 30 nations and 5 continents. They offer their services openly and sincerely. Arab Bank provides a range of services in the country, including premium financing, elite credit, corporate, and private accounts.
Islamic Bank
Bahrain Islamic Bank is the 1st Islamic credit union in the empire of the country. It was started back in 1979. It offers its clients a variety of financial services, including retail, corporate, etc.
SBI
It earned a respectable position among the other retail financial institutions in the region because it is one of the most well-known banks around the globe. It offers retail and commercial credit facilities.
Al Salam
On January 19, 2006, Bahrain’s Al Salam officially opened. They provide various monetary solutions and commodities that adhere to Shari’s law. They offer assistance in investing, business, personal, and retail financing.
Development Bank
In 1992, the Development Bank first opened for business. A range of payment solutions from the Development Bank is designed specifically to suit the demands of the country’s small and medium-sized businesses. The industrial, agricultural, medical, and other professional sectors can all benefit from business funding, Islamic funding, and Tamkeen funds.
Al Baraka
In 1984, Al Baraka was founded on Islamic grounds. Consumers can access private, global, commercial, and corporate solutions through the organization.
Ithmaar
Ithmaar adheres to Islamic values. The organization is in charge of overseeing it. It offers a variety of services, including financing, private banking, and wealth monitoring. Additionally, it provides Shari’a-compliant goods to meet the needs of its clients.
National Bank
The National Bank, also referred to as NBB, was established in the Kingdom of Bahrain in 1957. They offer their clients both personal and industrial finance activities. Private and corporate banking are both offered by NBB as banking services.
Bank of Bahrain and Kuwait
The Bank of Bahrain and Kuwait began conducting business in 1972, with its head office situated in Bahrain. The Bahraini government owns BBK in addition to the ordinary populace. It offers various types of financial products, including funds, mortgages, investments, corporate and business banking, trade financing, etc.
Arcapita
It provides funding for company acquisitions with a focus on expansion. Arcapita focuses on buyouts as well. The bank aspires to make investments in the industrial, retail, medical, and professional services industries. Targeted deals, however, are not always industry-specific.
Investcorp
specializes in investments in buyouts, evolving progress, premature startup, and later-stage businesses. It is a personal capital and venture capital organization.
In addition to investing heavily in generally illiquid commodity categories like industrial and corporate property stock and high-debt transactions, the bank also makes significant investments in tiny, medium-sized, and family-owned enterprises. It typically makes investments in the European region’s industrial, retail, basic goods, and electronics sectors.
