Mr Murad: We take great pride in our contributions to the sustainable growth of Bahrain and we

Plan for another half century of unweathering support

Offering 50 scholarships and repaying 50 customer loans on the occasion of the Bank’s Golden Jubilee celebrations

BBK, Bahrain’s pioneer in retail and commercial banking, held a press conference on the occasion of commemorating its Golden Jubilee which will run for the whole year. During the past fifty years, the Bank has led a journey of leadership and innovation, offering one of the best financial and banking services in the Kingdom of Bahrain.

The conference was held at the Four Seasons Hotel in Manama in the presence of media representatives. During the press conference, BBK pledged to continue its national and banking role for the coming fifty years through maintaining its customers’ confidence, and supporting the current and future aspirations of Bahrain’s sustainable growth. BBK has also announced the launching of various initiatives in terms of banking products and community investments, including offering 50 scholarships to this year’s graduates from Bahrain’s public and private schools for enrollment in Bahrain University and Bahrain Polytechnic. In addition to repaying 50 of the Bank’s customer loans at a maximum of five thousand Bahraini Dinars. The Bank will announce the details of these initiatives later this year.

In the press conference, the Chairman of the Board of Directors of BBK, Mr. Murad Ali Murad praised the development and prosperity that the Kingdom of Bahrain is witnessing under the leadership of His Majesty King Hamad bin Isa Al Khalifa, and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister. He also emphasized that BBK is proud of its ongoing contribution to Bahrain’s economic and social sustainable growth, meeting the aspirations of its leaders and citizens. Mr. Murad Ali praised the efforts of His Highness the Amir of Kuwait Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, and the regulatory and legislatives authorities in Bahrain and Kuwait.

Mr. Murad reviewed aspects of the history of BBK, established in 1971, and the significant events that it has witnessed during crucial periods in the history of Bahrain and the region over half a century.

He added: “we have witnessed “The Golden Age” of the Bahraini banking sector in the 1970s when Bahrain attracted regional and international banks, with the valuable support of late Prince Khalifa bin Salman Al Khalifa. The pillars of the banking industry were integrated through a flexible environment that provided advanced legislation and qualified cadres. We have always exceeded our customers’ expectations at BBK and we have achieved significant progress in terms of competition and growth, and we are now continuing those steady steps toward a brighter future.”

Commenting on this occasion, Dr. AbdulRahman Saif, Group Chief Executive said that BBK has always affirmed its position as one of the most stable and well-established financial institutions in Bahrain and continues to develop and grow steadily year after year. The Bank is constantly working to launch innovative financial products that meet the aspirations of customers, expand its digital branches and improve the performance of its subsidiaries. He also revealed that the Bank is continuing to develop its strategic and operational plans for the coming years under the slogan of “Leadership and Innovation”, as BBK has always been one of the pioneers and innovators in the financial and banking sector.

During the press conference, Dr. Saif highlighted the bank’s future vision, which is based on the Bank’s five-decade journey of contribution and success. He said, “The national banking icons who have led the Bank’s successful path have given us a significant legacy with rich achievements, and it is our job to maintain and develop these achievements now and in the future.

 “BBK’s work environment is marked by loyalty and passion for excellence and innovation, which are passed to the Bank’s cadres for future generations, giving us the confidence that no matter how the banking industry evolves and data changes, BBK will remain at the forefront of institutions not only keeping pace with this development but rather lead it as well,” he concluded.

On this occasion, the Group Chief Executive thanked the media and the press for shedding light on the Bank’s development and prosperity over the past fifty years.