The National Bank of Bahrain (NBB) is Bahrain’s fifth largest company in terms of market capitalisation and the nation’s first locally owned bank. It was incorporated in January 1957 and celebrated its 50th golden jubilee year in 2006. Harnessing 51 years of rich experience in banking, the bank is principally engaged in providing retail and wholesale commercial banking services, treasury and capital market activities, and investment advisory services. In terms of total assets, NBB’s market share comprises 10.2%; deposits stand at 17.9%; and net loans and advances constitute 22.6%.
NBB operates through four divisions - Retail, Business, Treasury & Capital Markets, and Funds & Investments. The Retail banking division focuses on services such as loans, credit cards, deposits and current accounts. The Business banking division targets corporate and commercial finance in Bahrain and the Gulf region. The Treasury & Capital Market segment offers services such as money market, portfolio management and securities trading, while the Funds & Investments division provides investment solutions in mutual funds and capital protected investments. The bank offers these services through a network of 25 branches, 42 automatic teller machines (ATMs) and over 2650 pointof-sale (POS) terminals scattered across the country. National Bank of Bahrain has a total staff of 591, of which over 94% are Bahraini nationals.