Company Insights National Bank of Bahrain Banking & Finance National Bank of Bahrain Overview National Bank of Bahrain (NBB) was the first local bank in Bahrain. It has a nationwide network of around 25 branches and more than 4,000 points of sale terminals. There are also branches in Abu Dhabi and Riyadh. Bahrain’s Mumtalakat Holding Company holds a 49 percent stake and the country’s Pension Fund Commission has 6.24 percent. In October 2024 NBB launched a bitcoin-pegged structured investment product, targeting growing demand for cryptocurrency among institutional investors in the Gulf. A merger between NBB and Bank of Bahrain and Kuwait (BBK) is expected to be completed in 2025. Subsidiaries include Bahrain Islamic Bank, Benefit Company and Bahrain Commercial Facilities Company. National Bank of Bahrain News Markets More companies tipped to list on Bahrain Bourse AlAbraaj Restaurants Group’s debut on Bahrain Bourse – the first listing on the exchange in more than five years – will pave the way for more activity, experts have told AGBI. The AlAbraaj initial public offering (IPO) this month is the first since the listing of APM Terminals Bahrain in 2018, according to consultancy EY. […] November 18, 2024 Banking & Finance Bahrain bank merger to complete in 2025 A merger between National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) is expected to be completed in 2025. Plans to join the two banks were announced to the Bahrain Bourse earlier this year and preliminary proceedings started this month. “Considering that we are almost at the end of this year, I […] November 15, 2024 Banking & Finance Bahrain’s Mumtalakat prizes local investment over global Bahrain’s multi-billion dollar sovereign wealth fund Mumtalakat is looking closer to home for investments, prioritising local over international opportunities. Shaikh Salman bin Khalifa Al Khalifa, minister of finance and national economy at Mumtalakat, said: “What we have found is the most compelling investment opportunities, the highest return on equity investments, are increasingly at home or […] November 4, 2024 Banking & Finance Bahraini bank launches Gulf’s first bitcoin investment fund The National Bank of Bahrain has launched a bitcoin-pegged structured investment product, aimed at targeting growing demand for the cryptocurrency among institutional investors in the Gulf countries. The fund, developed in partnership with digital asset firm ARP Digital, will offer investors access to any rise in bitcoin’s price, capped within a predetermined threshold, and guarantee […] October 8, 2024 Opinion Banking & Finance Kuwait’s first banking merger is long overdue There have been bank mergers in every other GCC state – Kuwait might finally join the club September 20, 2024 Opinion Banking & Finance Bahrain’s fiscal discipline bodes well for its capital markets Banking and finance now contributes 17 percent of the country's GDP June 12, 2024 Opinion Banking & Finance Bahrain bank mergers are good news for the kingdom and the Gulf It is likely that a merger of NBB and BBK would take the new bank into the top 30 April 29, 2024 Banking & Finance UK investor sets up in Bahrain to tap into Gulf fintech boom Hambro Perks is partnering with Bahrain Development Bank's Al Waha fund to set up a fintech venture studio in Manama September 13, 2022 Posts navigation
Markets More companies tipped to list on Bahrain Bourse AlAbraaj Restaurants Group’s debut on Bahrain Bourse – the first listing on the exchange in more than five years – will pave the way for more activity, experts have told AGBI. The AlAbraaj initial public offering (IPO) this month is the first since the listing of APM Terminals Bahrain in 2018, according to consultancy EY. […] November 18, 2024
Banking & Finance Bahrain bank merger to complete in 2025 A merger between National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) is expected to be completed in 2025. Plans to join the two banks were announced to the Bahrain Bourse earlier this year and preliminary proceedings started this month. “Considering that we are almost at the end of this year, I […] November 15, 2024
Banking & Finance Bahrain’s Mumtalakat prizes local investment over global Bahrain’s multi-billion dollar sovereign wealth fund Mumtalakat is looking closer to home for investments, prioritising local over international opportunities. Shaikh Salman bin Khalifa Al Khalifa, minister of finance and national economy at Mumtalakat, said: “What we have found is the most compelling investment opportunities, the highest return on equity investments, are increasingly at home or […] November 4, 2024
Banking & Finance Bahraini bank launches Gulf’s first bitcoin investment fund The National Bank of Bahrain has launched a bitcoin-pegged structured investment product, aimed at targeting growing demand for the cryptocurrency among institutional investors in the Gulf countries. The fund, developed in partnership with digital asset firm ARP Digital, will offer investors access to any rise in bitcoin’s price, capped within a predetermined threshold, and guarantee […] October 8, 2024
Opinion Banking & Finance Kuwait’s first banking merger is long overdue There have been bank mergers in every other GCC state – Kuwait might finally join the club September 20, 2024
Opinion Banking & Finance Bahrain’s fiscal discipline bodes well for its capital markets Banking and finance now contributes 17 percent of the country's GDP June 12, 2024
Opinion Banking & Finance Bahrain bank mergers are good news for the kingdom and the Gulf It is likely that a merger of NBB and BBK would take the new bank into the top 30 April 29, 2024
Banking & Finance UK investor sets up in Bahrain to tap into Gulf fintech boom Hambro Perks is partnering with Bahrain Development Bank's Al Waha fund to set up a fintech venture studio in Manama September 13, 2022