Central Bank of Bahrain
  

Fact Sheet

Regulator:

Central Bank of Bahrain

Financial Institutions:

406 (November 2014)

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 Dec 2013) with stable outlook
BBB (Fitch Dec 2013) with stable outlook
Population 1,195,020 (2011)

   

Banking Sector:

 

Assets US$189 billion (October 2014)
No. of institutions 115 (November 2014
)
Retail banks 28
Locally incorporated 13
Branches of foreign banks 15
Wholesale Banks 76
Representative Offices 10

Bank Society 1
Islamic Banks (included in above):
No. of banks 23 (
October 2014)
Assets US$25 billion (
October 2014)

   

Insurance Sector:

 

Total No. of Insurance Companies & Organisations
Authorised in Bahrain 151 (
November 2014) * excluding Appointed Representative
Domestic market
Gross premiums US$685 million (December 2013)
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 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: 29
Insurance Firms restricted: 23
Insurance Brokers restricted: 4
Insurance Consultants restricted: 2
Insurance Appointed Representative 16
Corporate 10
Individual 6

 

Investment Business Firms:

 

Total no. of institutions 61 (November 2014)

No. of Investment Business firms 52 (November 2014)

Representative Offices 8

Bahrain Asset Manager Association 1

   

Specialised Licensees:

 

Total no. of institutions 53 (November 2014)
Money Changers 19

Fund Administrators License 3

Registrar License 1

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$21.9 billion (November 2014)

No. of firms 26 (November 2014)

Licensed Exchanges 2

Licensed Clearing, Settlement and Central Depository Systems 1

Licensed Securities Brokers 4

Licensed Securities Dealers 1

Licensed Securities Clearing Member 6

Licensed Securities Broker Dealers 13

   

Funds Industry:

 

Authorised Funds 2,852 (December 2014)
NAV US$7 billion (June 2014)
Local Funds (CIUs) 83
NAV US$4 billion (June 2014)
Conventional-Local 46
Islamic-Local 37

Locally Incorporated (PIUs) 7
Foreign Funds-Offshore 2,762 (
December 2014)

   

 

Bahrain E governance siteBahrain 2030