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BBK Logo | |
| Company type | Financial |
|---|---|
| BHSE:BBK | |
| Industry | Banking Financial services Investment services |
| Founded | 16 March 1971; 54 years ago (1971-03-16) |
| Headquarters | , |
Area served | Bahrain and Kuwait (retail and corporate banking);UAE and India (corporate banking only), Turkey |
Key people | Tariq Jaleel AlSaffar (Chairperson) Yaser Alsharifi (CEO) |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgages Credit Cards |
| BD 161.2 million (2024)[1] | |
| BD 72.000 million (2024)[1] | |
| Total assets | BD 4.193 billion (2024)[1] |
| Total equity | BD 624 million (2024)[1] |
Number of employees | 1,261 (2024)[1] |
| Subsidiaries | CrediMax, Invita |
| Website | www |
TheBank of Bahrain and Kuwait (BBK) was established on 16 March 1971 in both the Kingdom of Bahrain and the State of Kuwait. Its shareholders consist of the public, the government ofBahrain, banks and investment companies in Kuwait. BBK engages in the provision of various services and banking products throughout its branches in Bahrain, Kuwait and India as well as its representative office inDubai,United Arab Emirates.
The BBK is split into four major segments:Retail Banking deals with individual customers through e-banking, loans, multi-feature accounts, credit facilities etc.;[2]Treasury andInvestment which handles internal consults with the various departments and affiliated companies to handlecapital management;Corporate Banking focuses on corporate and institutional customers within Bahrain; andInternational Banking works with overseas corporates and institutional customers, with branches in India, representative offices in Turkey and Dubai, and global correspondence with larger banks, to manage overseas trading, money marketing plus funding operations.[3][4]
Subsidiaries of the BBK include:CrediMax which specialises incredit card issuing;Capinnova Investment Bank, aSharia compliant investment banking division of the BBK which works with thecorporate finance and private equity departments;Invita is acall centre outsourcing subsidiary;Sakana, a joint venture betweenCapinnova andIthmaar Bank, focusing onIslamic finance in thereal estate sector;Global Payment Services (GPS), a branch ofCredimax that specialises in processing and outsourcing business to local and overseas clients.[5]
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