Bank of Bahrain and Kuwait

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BBK
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 Decrease $282.435 million (2011)[1]
Operating income Decrease $86.492 million (2011)[1]
Net income Decrease $84.890 million (2011)[1]
Total assets Increase $7.381 billion (2011)[1]
Total equity Decrease $635.344 million (2011)[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.

Major shareholders of BBK[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).

References[edit]

  1. ^ a b c d e "BBK 2011 Annual Report". BBK. Retrieved 2012-10-20. 

External links[edit]