Central Bank of Bahrain
  

Fact Sheet

Regulator:

Central Bank of Bahrain

Financial Institutions:

405 (March 2016)

Financial Sector Workforce:

14,009 (2012)

   
   

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

 

Key Economic Indicators:

 

GDP (Current) US$32.8 billion (2013)
Growth 6.8% (2013)
GDP (Constant) US$28.6 billion (2013)
Growth 5.5% (2013)
Financial Sector contribution to GDP 16.7%
Sovereign Rating
      BBB- (S&P February 2015) with Negative Outlook
      BBB (Fitch December 2014) with Negative Outlook
Population 1,253,191 (2013)

   

Banking Sector:

 

Assets US$189.1 billion (February 2015)
No. of institutions 113 (June 2015)
Retail banks 28
Locally incorporated 13
Branches of foreign banks 15
Wholesale Banks 75
Representative Offices 9

Bank Society 1
Islamic Banks (included in above):
No. of banks 25 (
June 2015)
Assets US$25.1 billion (February 2015)

   

Insurance Sector:

 

Total No. of Insurance Companies & Organisations
Authorised in Bahrain 153 (April 2016)* excluding Appointed Representative
Domestic market
Gross premiums US$718.2 million (December 2014)
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 4
Insurance Managers 5
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 63
     Corporate 13
     Individual 5

 

Investment Business Firms:

 

Total no. of institutions 60 (February 2016)

No. of Investment Business firms 51 (February 2016)

Representative Offices 8

Bahrain Asset Manager Association 1

   

Specialised Licensees:

 

Total no. of institutions 53 (February 2016)
Money Changers 1
8

Fund Administrators License 3

Registered Administrators 1

Financing Companies 8

Microfinance Institution 2

Trust Service Providers 3

Ancillary services 16

Registered Professional Body 1

   

Capital Market:

 

Market Capitalisation US$17,449,985,291 billion (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 2,742 (April 2016)
NAV US$7.076 billion (December 2015)
Local Funds (CIUs) 74
NAV US$3.359 billion (
December 2015)
Conventional-Local 43
Islamic-Local 31

Locally Incorporated (PIUs) 8
Foreign Funds-Offshore 2,660 (April 2016)

   

 

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