National Bank of Bahrain (NBB) is a Bahraini public shareholding bank that provides retail and wholesale commercial banking services, treasury and investment activities, and investment advisory services.[4] The bank is licensed by the Central Bank of Bahrain as a conventional retail bank and is headquartered in Manama, Bahrain.[4] Its shares are listed on the Bahrain Bourse.[4] It has overseas branches in Abu Dhabi and Riyadh.
History
The bank was incorporated in January 1957 by an Amiri decree in the Kingdom of Bahrain.[4] NBB states that it was established as Bahrain's first locally owned bank.[5][6]
In January 2020, NBB announced the successful completion of its offer to acquire up to 100% of the issued ordinary shares of Bahrain Islamic Bank, increasing its holding to 78.8% from a pre-transaction stake of 29.06%.[7][8]
Ownership
Bahrain Mumtalakat Holding Company (Bahrain) 49%, The Pension Fund Commission (Bahrain) 6.24%.
References
- About NBB NBB, retrieved 25 January 2011^
- NBB Financial Results for the year 2013 NBB, retrieved 2015-01-01^
- NBB Reports Record Net Profit of BD 61.0 million (US$ 162.3 million) for 2017 - National Bank of Bahrain retrieved 13 September 2018^
- National Bank of Bahrain Group Consolidated Financial Statements 31 December 2024 Bahrain Bourse^
- About National Bank of Bahrain^
- نبذة عن البنك بنك البحرين الوطني^
- Success of National Bank of Bahrain B.S.C.'s offer to acquire up to 100% of the issued and paid up ordinary shares of Bahrain Islamic Bank B.S.C. National Bank of Bahrain, January 19, 2020^
- بنك البحرين الوطني يعلن نجاح عرضه للاستحواذ على ما يصل إلى 100 % من أسهم بنك البحرين الإسلامي Bahrain News Agency, January 19, 2020^