History

BBK, formerly known as The Bank of Bahrain and Kuwait B.S.C, was established on 16th March
1971 in accordance with the Amiri decree and started operations a year later. BBK has been the
pioneer in Commercial Banking for 50 years in the Kingdom of Bahrain.
In 1972, we began operations with a capital of BD 1 million (US$ 2.5 million). Today, it has grown
to become one of the largest commercial banks in the Kingdom of Bahrain, with a capital base of
BD. 303.9 million (US$ 806 million)
We have succeeded in building a name and reputation, respected locally as well as
internationally. We have a strong local presence with a nationwide network of Financial Malls,
branches and ATMs. In addition to domestic branches, we have operations in the State of Kuwait,
the Republic of India and through a representative office of Dubai, United Arab Emirates. As a
market leader, in 2006 we conceived the revolutionary 'Financial Mall' concept, housing partners
such as CrediMax credit cards, telecommunication service, travel and insurance needs under one
roof. The Financial Malls provide customer-convenient services, personal financial advisors and
queue-beating automated systems. The concept is a giant step forward and replaces
conventional time-consuming banking processes offering the brighter experience.

Risk, Compliance and Legal Affairs

This department manages the risk policies and procedures covering lending, investment and
treasury products/transactions. It monitors market risk through daily reports, containing
information such as Net open position, profit and loss and Value-at- Risk in trading positions.
It develops annually the Risk Management strategy wherein the level of risk and direction of risk
in key risk areas is assessed and initiatives for managing those risks is outlined.

Information Technology
Advanced and robust IT systems that enable efficiency, consistency, and reliability are central to
BBK’s commitment to providing superior services to the Bank’s customers and subsidiaries.
The IT division therefore focuses on providing maximum reliability of information and systems,
creating a highly secure environment for the high growth of electronic delivery channels.