The Bank of Bahrain and Kuwait (BBK) was established in the Kingdom of Bahrain and the State of Kuwait on March 16, 1971. Its shareholders include the public, the Bahraini government, banks and investment companies in Kuwait. BBK offers a wide range of services and banking products from its branches in Bahrain, Kuwait and India, as well as its representative office in Dubai, United Arab Emirates.

Operations

BBK is divided into four main segments: Retail Banking Transactions with individual clients through e-banking, loans, multi-function accounts, credit facilities, etc.; Treasury and Investments, responsible for internal consulting with various departments and affiliates to handle capital management; Corporate Banking focuses on corporate and institutional clients within Bahrain; International Banking works with overseas corporate and institutional clients, with branches in India, representative offices in Turkey and Dubai, and global communications with major banks to manage overseas transactions, capital marketing, and financing operations.

Shareholders

• Ithmaar Bank B.S.C 25.38%
• Pension Fund Commission 18.77%
• Kuwait Investment Authority 18.70%
• Social Insurance Organization 13.34%

Subsidiaries

BBK's subsidiaries include: CrediMax, which specializes in credit card issuance; Capinnova Investment Bank, BBK's Sharia-compliant investment banking arm, which works with corporate finance and private equity divisions; Invita, a call center outsourcing subsidiary; Sakana, a joint venture between Capinnova and Ithmaar Bank, which focuses on Islamic finance in the real estate sector; Global Payment Services (GPS) is a branch of Credimax that specializes in handling and outsourcing business for local and overseas clients.