Discover the Owner of BFC Bank in Bahrain | All You Need to Know

Who is the owner of BFC bank in Bahrain?

If you have ever wondered about the owner of BFC Bank in Bahrain, look no further. In this article, we will delve into the details and provide you with all the information you need to know about the owner of this prominent financial institution.

BFC Bank in Bahrain is owned by the BFC Group Holdings W.L.L., a diversified global money transfer and foreign exchange company. With a rich history spanning over 100 years, BFC Group Holdings has established itself as a trusted name in the financial industry.

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The company has a strong presence in Bahrain and operates under the supervision and regulation of the Central Bank of Bahrain, ensuring compliance with international banking standards and regulations. BFC Bank in Bahrain is part of the wider BFC Group Holdings network, which has a global presence across Bahrain, Kuwait, India, Malaysia, the United Kingdom, and more.

BFC Bank in Bahrain offers a wide range of banking services, including retail and corporate banking, wealth management, trade finance, and treasury services. The bank is committed to providing exceptional customer service and innovative financial solutions to meet the needs of its clients.

With a solid reputation for financial stability and expertise, the owner of BFC Bank in Bahrain continues to play a significant role in shaping the banking landscape in the region. Whether you are an individual or a business, you can trust BFC Bank in Bahrain to provide you with reliable and efficient banking services to support your financial goals.

Who Owns BFC Bank in Bahrain?

BFC Bank in Bahrain is owned by BFC Group Holdings W.L.L, a wholly-owned subsidiary of the Essa Mubarak Al Kobaisi Group. BFC Group Holdings is a leading international money transfer and foreign exchange group, with a history dating back to over 100 years. The group operates in multiple countries, providing financial services and solutions to individuals and businesses.

The Essa Mubarak Al Kobaisi Group is a prominent business conglomerate in Bahrain, with interests in various sectors such as construction, manufacturing, and trading. It has a strong presence in the Middle East region and has expanded its operations globally, including in the financial sector through its ownership of BFC Bank.

BFC Bank in Bahrain offers a wide range of banking products and services, including retail banking, corporate banking, and treasury services. It operates with a customer-centric approach, focusing on providing efficient and convenient banking solutions to its clients.

With its strong ownership and global expertise, BFC Bank in Bahrain continues to play a significant role in the country’s banking industry, contributing to the growth and development of the finance sector in Bahrain.

Get to Know the Bank’s Owner

To better understand the operations and background of BFC Bank in Bahrain, it is important to know about its owner. The bank is a subsidiary of the Bahrain Financing Company (BFC), which has been a prominent player in the financial industry for many years.

BFC, the parent company of BFC Bank, was established in Bahrain in 1917. It is one of the oldest and most respected money transfer and foreign exchange companies in the region. With a rich history spanning over a century, BFC has cemented its position as a trusted financial institution.

BFC is owned by the E.K. Kanoo Group, a diversified conglomerate with interests in various industries, including shipping, travel, machinery, and real estate. The E.K. Kanoo Group has been operating in Bahrain since 1890 and has contributed significantly to the country’s development and growth.

Under the ownership of the E.K. Kanoo Group, BFC Bank has access to vast resources and expertise. This enables the bank to provide a wide range of banking services and solutions to its customers. The strong financial backing and industry knowledge of the E.K. Kanoo Group give BFC Bank a competitive advantage in the market.

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BFC Bank’s owner, the E.K. Kanoo Group, is committed to maintaining the highest standards of corporate governance, ensuring transparency and accountability in its operations. With a focus on customer satisfaction and innovation, BFC Bank continues to grow and expand its presence in the Bahraini banking sector.

Key Facts
Owner	E.K. Kanoo Group
Parent Company	Bahrain Financing Company (BFC)
Established	1917
Industries	Financial services, shipping, travel, machinery, real estate
Location	Bahrain

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History of BFC Bank

BFC Bank, originally known as Bahrain Finance Company, was established in Bahrain in 1917. It started its operations as a money transfer and foreign exchange business. Over the years, the bank expanded its services, becoming a trusted financial institution in the region.

In 2003, BFC Bank underwent a significant transformation when it became a part of the Bank Alkhair group, a leading Islamic banking group in the Middle East. This partnership strengthened BFC Bank’s position in the market and allowed it to offer a wider range of Shariah-compliant financial products and services.

With a focus on innovation and customer satisfaction, BFC Bank continued to grow and diversify its operations. It introduced cutting-edge technologies and digital banking solutions to provide convenient and secure services to its customers.

In 2016, BFC Bank became a subsidiary of BFC Group Holdings, a leading money transfer and foreign exchange group with a global presence. This strategic move allowed BFC Bank to tap into the extensive network and resources of the group, further enhancing its capabilities and reach.

Today, BFC Bank is known for its commitment to excellence, professionalism, and customer-centric approach. It offers a wide range of banking solutions including corporate banking, trade finance, treasury services, and wealth management.

With a rich history spanning over a century, BFC Bank has become a trusted name in the banking sector, serving individuals, businesses, and institutions in Bahrain and beyond.