Central Bank of Bahrain
  

Fact Sheet

Regulator:

Central Bank of Bahrain

Financial Institutions:

395 (January 2018)

Financial Sector Workforce:

14,199 (2016)

   
   

Bahraini nationals 9,311 (66%)
Foreign nationals 4,888 (34%)

 

Key Economic Indicators:

 

GDP (Current) US$32.2 billion (2016)
Growth 3.4% (2016)
GDP (Constant) US$31.8 billion (2016)
Growth 2.6% (2016)
Financial Sector contribution to GDP 16.1%
Sovereign Rating
       B+ (S&P December 2017) with Stable Outlook
       BB- (Fitch June 2017) with negative Outlook
Population 1,423,726 (2016)

   

Banking Sector:

 

Assets US$188.7 billion (November 2017)
No. of institutions 102 (January 2018)
Retail banks 29
Locally incorporated 13
Branches of foreign banks 16
Wholesale Banks 73
Representative Offices 17

Bank Society 1
Islamic Banks (included in above):
No. of banks 23 (January 2018)
Assets US$26.7 billion  (January 2018)

   

Insurance Sector:

 

Total No. of Insurance Companies & Organisations
Authorised in Bahrain 144 (January 2018)* excluding Appointed Representative

Domestic Market
Gross premiums US$723,649 million (December 2015)
No. of Insurance Firms 36
   Locally Incorporated Insurance Firms 24
         Takaful & Retakaful Firms (included above) 8
         Captives (locally incorporated, included above) 1
   Overseas Insurance Firms 12
Insurance Brokers 32
Insurance Consultants 4
Insurance Managers 4
Representative Offices 4
Registered Loss Adjusters 12
Registered Actuaries 29
Insurance Ancillary Services 7
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 26
     Corporate 14
     Individual 12

 

Investment Business Firms:

 

Total no. of institutions 59 (January 2018)

No. of Investment Business firms 52 (January 2018)

Representative Offices 6

Bahrain Asset Manager Association 1

   

Specialised Licensees:

 

Total no. of institutions 53 (January 2018)
Money Changers 19

Fund Administrators License 3

Registered Administrators 1

Financing Companies 6

Microfinance Institution 2

Trust Service Providers 3

Ancillary Service Providers 18

Registered Professional Body 1

   

Capital Market:

 

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

No. of firms 16 (January 2018)

Licensed Exchanges 2

Licensed Clearing, Settlement and Central Depository Systems 2

Licensed Securities Brokers 4

Licensed Securities Clearing Member 1

Licensed Securities Broker Dealers 7

   

Funds Industry:

 

Authorised Funds 2,323 (March 2018)
NAV US$7.433 billion (December 2017)

Locally Incoporate Funds (CIUs and PIUs) 80
Locally Incoporated (CIUs) 69

     Conventional-CIU 40
     Islamic-CIU 29

Locally Incorporated (PIUs) 11

     Conventional-PIU 7

     Islamic-PIU 4
Foreign Funds-Offshore 2,243 (March 2018)

NAV for Local Funds (CIUs and PIUs) US$3.282 billion (December 2017)

NAV for Offshore Funds US$4.151 billion (December 2017)

NAV for Islamic Funds (Local and Offshore) US$1.431 billion (December 2017)

   

 

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