Central Bank of Bahrain
  

Fact Sheet

Regulator:

Central Bank of Bahrain

Financial Institutions:

406 (Feb 2014)

Financial Sector Workforce:

14,009 (2012)

   
   

Bahraini nationals 9,253 (66%)
Foreign nationals 4,756 (34%)

 

Key Economic Indicators:

 

GDP (Current) US$30.4 billion (2012)
Growth 4.1% (2012)
GDP (Constant) US$27.1 billion (2012)
Growth 3.5% (2012)
Financial Sector contribution to GDP 16.8%
Sovereign Rating
BBB (S&P Dec 2011) with stable outlook
BBB (Fitch Dec 2011) with stable outlook
Population 1,195,020 (2011)

   

Banking Sector:

 

Assets US$186.1 billion (Oct 2013)
No. of institutions 117 (Feb 2014
)
Retail banks 28
Locally incorporated 13
Branches of foreign banks 15
Wholesale Banks 76
Representative Offices 12

Bank Society 1
Islamic Banks (included in above):
No. of banks 24 (Feb 2014
)
Assets US$23.1 billion (Oct 2013)

   

Insurance Sector:

 

Total No. of Insurance Companies & Organisations
Authorised in Bahrain 152 (Feb 2014
) * excluding Appointed Representative
Domestic market
Gross premiums US$531 million (September 2013)
No. of insurance firms 36
Locally incorporated insurance firms 25
Takaful & Retakaful Firms (included above) 8
Captives (locally incorporated, included above) 1
Overseas insurance firms 11
Insurance Brokers 31
Insurance Consultants 5
Insurance Managers 3
Representative Offices 5
Registered Loss Adjusters 11
Registered Actuaries 23
Insurance Ancillary Services 6
Insurance Pools & Syndicates 2
Insurance Society 1
Insurance Licensees Restricted: 30
Insurance Firms restricted: 24
Insurance Brokers restricted: 4
Insurance Consultants restricted: 2
Insurance Appointed Representative 16
Corporate 11
Individual 5

 

Investment Business Firms:

 

Total no. of institutions 61 (Feb 2014)

No. of Investment Business firms 52 (Feb 2014)

Representative Offices 8

Bahrain Asset Manager Association 1

   

Specialised Licensees:

 

Total no. of institutions 48 (Feb 2014)
Money Changers 18

Fund Administrators License 1

Registrar License 1

Registered Administrators 1

Financing Companies 8

Microfinance Institution 2

Trust Service Providers 3

Ancillary services 13

Registered Professional Body 1

   

Capital Market:

 

Market Capitalisation US$20.33 billion (Feb 2014)

No. of firms 28 (Feb 2014)

Licensed Exchanges 2

Licensed Clearing, Settlement and Central Depository Systems 1

Licensed Securities Brokers 4

Licensed Securities Dealers 1

Licensed Securities Clearing Member 7

Licensed Securities Broker Dealers 13

   

Funds Industry:

 

Authorised Funds 2,829 (Feb 2014)
NAV US$6.86 billion (Sept 2013
)
Local Funds (CIUs) 92
NAV US$4.00 billion (Sept 2013)
Conventional-Local 51
Islamic-Local 41

Locally Incorporated (PIUs) 2
Foreign Funds-Offshore 2,735 (Feb 2014
)

   

 

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