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BANK OF BAHARAIN AND KUWAIT BSC

Jan 20, 2020 351

HISTORY:

BBK, formerly known as the Bank of Bahrain and Kuwait B.S.C, was established on March 16, 1971 in accordance with Amiri's decree and commenced operations a year later. BBK has been a pioneer in Commercial Banking for 41 years in the Kingdom of Bahrain.In 1972 we started operations with a capital of BD 1 million (US $ 2.5 million). Today, it has grown to become one of the largest commercial banks in the Kingdom of Bahrain, with a BD capital base. 303.9 million (US $ 806 million)We have managed to build a name and a reputation, respected both locally and internationally. We have a strong local presence with a national network of financial centers, branches and ATMs. In addition to national branches, we have operations in the State of Kuwait, the Republic of India and through a representative office in Dubai, United Arab Emirates. As a market leader, in 2006 we conceived the revolutionary concept of 'Financial Mall', housing partners such as CrediMax credit cards, telecommunications service, travel and insurance needs under one roof. Financial Malls provide convenient customer services, personal financial advisors and automated queuing systems. The concept is a giant step forward and replaces the time-consuming, conventional banking processes that offer the most brilliant experience.

We are proud to offer a full range of loan, deposit, treasury and investment services to various sectors of national and regional markets, as well as international, using state-of-the-art technology. We play an important role in financing infrastructure and industrial projects that create products and services that meet the needs of individuals, investors, companies, corporations and the government.Anticipating a greater interest in online banking, we introduced full eBanking solutions and provided next-generation services through our friendly website, which won several awards.compare to the past few years, we have established a number of subsidiaries in the areas of financial services, Islamic investment and mortgage, and credit card to expand our client offering.

High Corporate Governance standards have been instrumental in maintaining BBK's leadership position in the local and regional banking sector and in the community. Ongoing review and adherence to sound corporate governance practices helped to improve levels of compliance with international standards and in line with regulatory.We appreciate that our people are our main asset. So we provide an environment and training that brings the best of them and subsequently offers the best possible service to our customers.Likewise, we dedicate much of our time and resources to improving the lives of our communities through initiatives, donations and sponsorships.

​Chief Executive: Reyadh Yousif Sater