National Bank of Bahrain
| Type | Public |
|---|---|
| BHSE:NBB | |
| Industry | Banking Financial services Investment services |
| Founded | 1957[1] |
| Headquarters | , |
Area served | Bahrain |
Key people | Hala Ali Hussain Yateem (Chairperson) |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgages Credit Cards |
| Revenue | $277.84 million (2017)[2] |
| $190.10 million (2017)[2] | |
| $162.25 million (2017)[2] | |
| Total assets | $8.249 billion (2017) |
| Total equity | $1.191 billion (2017)[2] |
Number of employees | 761 [1] |
| Website | NBBOnline.com |
| Footnotes [3] | |
National Bank of Bahrain (NBB) is a Bahraini public shareholding bank that provides retail and wholesale commercial banking services, treasury and investment activities, and investment advisory services.[4] The bank is licensed by the Central Bank of Bahrain as a conventional retail bank and is headquartered in Manama, Bahrain.[4] Its shares are listed on the Bahrain Bourse.[4] It has overseas branches in Abu Dhabi and Riyadh.
History
The bank was incorporated in January 1957 by an Amiri decree in the Kingdom of Bahrain.[4] NBB states that it was established as Bahrain's first locally owned bank.[5][6]
In January 2020, NBB announced the successful completion of its offer to acquire up to 100% of the issued ordinary shares of Bahrain Islamic Bank, increasing its holding to 78.8% from a pre-transaction stake of 29.06%.[7][8]
Ownership
Bahrain Mumtalakat Holding Company (Bahrain) 49%, The Pension Fund Commission (Bahrain) 6.24%.
References
- ^ a b "About NBB". NBB. Retrieved 25 January 2011.
- ^ a b c d "NBB Financial Results for the year 2013". NBB. Retrieved 1 January 2015.
- ^ "NBB Reports Record Net Profit of BD 61.0 million (US$ 162.3 million) for 2017 - National Bank of Bahrain". Archived from the original on 15 November 2019. Retrieved 13 September 2018.
- ^ a b c d "National Bank of Bahrain Group Consolidated Financial Statements 31 December 2024" (PDF). Bahrain Bourse.
- ^ "About". National Bank of Bahrain.
- ^ "نبذة عن البنك". بنك البحرين الوطني (in Arabic).
- ^ "Success of National Bank of Bahrain B.S.C.'s offer to acquire up to 100% of the issued and paid up ordinary shares of Bahrain Islamic Bank B.S.C." National Bank of Bahrain. 19 January 2020.
- ^ "بنك البحرين الوطني يعلن نجاح عرضه للاستحواذ على ما يصل إلى 100 % من أسهم بنك البحرين الإسلامي". Bahrain News Agency (in Arabic). 19 January 2020.