Bank of Bahrain and Kuwait
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| Industry | Banking Financial services Investment services |
|---|---|
| Founded | 1971 |
| Headquarters | Manama, Bahrain |
| Area served | Bahrain, Kuwait, UAE, India |
| Key people | Mr. Murad Ali Murad (Chairman) Sh. Mohammed bin Isa Al Khalifa (Chairman) |
| Products | Finance and insurance Consumer Banking Corporate Banking Investment Banking Investment Management Global Wealth Management Private Equity Mortgages Credit Cards |
| Revenue |  $245.523 million (2009)[1] |
| Operating income |  $93.849 million (2009)[1] |
| Net income | $92.873 million (2009)[1] |
| Total assets | $6.045 billion (2009)[1] |
| Total equity | $612.422 million (2009)[1] |
| Website | BBKOnline.com |
The Bank of Bahrain and Kuwait B.S.C. (BBK) was established in 1971 in both the Kingdom of Bahrain and the State of Kuwait. Its shareholders consist of the general public and government of Bahrain, and banks and investment companies in Kuwait. The bank now operates in four countries including India and the UAE.
[edit]
Ithmaar Bank, Bahrain 25.34%, The Pension Fund Commission, Bahrain 18.81%, Kuwait Investment Authority, Kuwait 14.68%, General Organization for Social Insurance, Bahrain 13.35%
December 2008, Global Investment House KSCC (Global) sold 119 million shares, a 14.70% stake, in BBK to Al-Tijari Investment Company (a subsidiary of Commercial Bank of Kuwait) at a price of BD 0.500 per share ($1.3 per share).
[edit] References
- ^ a b c d e "BBK 2009 Annual Report". BBK. http://www.bbkonline.com/_layouts/financialreports/2009/index.htm. Retrieved 2011-01-25.
[edit] External links
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