Central Bank of Bahrain
  

Fact Sheet

Regulator:

Central Bank of Bahrain

Financial Institutions:

404 (Sep. 2016)

Financial Sector Workforce:

13,887 (2015)

   
   

Bahraini nationals 9,049 (65%)
Foreign nationals 4,838 (35%)

 

Key Economic Indicators:

 

GDP (Current) US$31.1 billion (2015)
Growth - 6.8% (2015)
GDP (Constant) US$30.8 billion (2015)
Growth 2.9% (2015)
Financial Sector contribution to GDP 17.2%
Sovereign Rating
      BB (S&P June 2016) with Stable Outlook
      BB+ (Fitch June 2016) with Stable Outlook
Population 1,314,562 (2014)

   

Banking Sector:

 

Assets US$192.7 billion (September 2016)
No. of institutions 113 (September 2016) 
Retail banks 28
Locally incorporated 13
Branches of foreign banks 15
Wholesale Banks 76
Representative Offices 8

Bank Society 1
Islamic Banks (included in above):
No. of banks 25 (
June 2016)
Assets US$25.7 billion (September 2016)

   

Insurance Sector:

 

Total No. of Insurance Companies & Organisations
Authorised in Bahrain 152 (September 2016)* excluding Appointed Representative

Domestic Market
Gross premiums US$723,649 million (December 2015)
No. of Insurance Firms 36
   Locally Incorporated Insurance Firms 25
         Takaful & Retakaful Firms (included above) 7
         Captives (locally incorporated, included above) 1
   Overseas Insurance Firms 11
Insurance Brokers 31
Insurance Consultants 4
Insurance Managers 4
Representative Offices 4
Registered Loss Adjusters 11
Registered Actuaries 28
Insurance Ancillary Services 6
Insurance Pools & Syndicates 2
Insurance Society 1
Insurance Licensees Restricted: 25
     Insurance Firms restricted: 19
     Insurance Brokers restricted: 4
     Insurance Consultants restricted: 2
Insurance Appointed Representative 23
     Corporate 15
     Individual 8

 

Investment Business Firms:

 

Total no. of institutions 60 (November 2016)

No. of Investment Business firms 51 (November 2016)

Representative Offices 8

Bahrain Asset Manager Association 1

   

Specialised Licensees:

 

Total no. of institutions 53 (February 2016)
Money Changers 19

Fund Administrators License 3

Registered Administrators 0

Financing Companies 7

Microfinance Institution 2

Trust Service Providers 3

Invesment Business Ancillary 2

Registered Professional Body 1

   

Capital Market:

 

Market Capitalisation US$ 17,449,985,291 (April 2016) 

No. of firms 26 (April 2016)

Licensed Exchanges 2

Licensed Clearing, Settlement and Central Depository Systems 1

Licensed Securities Brokers 4

Licensed Securities Clearing Member 6

Licensed Securities Broker Dealers 13

   

Funds Industry:

 

Authorised Funds 2,647 (October2016)
NAV US$7.48 billion (September 2016)
Local Funds (CIUs) 73
NAV US$3.19 billion (September 2016)

Conventional-Local 42
Islamic-Local 31

Locally Incorporated (PIUs) 9

NAV US$0.24 billion (September 2016)

Conventional-PIU 5

Islamic-PIU 4
Foreign Funds-Offshore 2,565 (October 2016)

NAV US$4.05 billion (September 2016)

   

 

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