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The Financial Sector FACT SHEET

Fact Sheet

Regulator
Central Bank of Bahrain

Financial Institutions - 376 (January 2020)
Financial Sector Workforce
Total Workforce - 14,148 (2018)
Bahraini nationals - 9,285 (66%)
Foreign nationals - 4,863 (34%)
Key Economic Indicators:
GDP (Current) - US$37.7 billion (2018)
Growth - 6.4% (2018)
GDP (Constant) - US$33.6 billion (2018)
Growth - 1.7% (2018)
Financial Sector contribution to GDP - 16.5% (2018)
Sovereign Rating - B+ (S&P November 2019) with
Positive Outlook
BB- (Fitch March 2018) with
Stable Outlook
Population - 1,503,091 (2018)

Banking Sector:
Assets - US$205.5 billion (November 2019)
No. of institutions - 376 (January 2020)
Total No. of Banks - 94 (January 2020)
Retail banks - 31 (January 2020)
Locally incorporated - 14
Branches of foreign banks - 17
Wholesale Banks - 63
Representative Offices (Banks) - 8
Bank Society - 1
Islamic Banks (included in above):
No. of banks - 20 (January 2020)
Assets - US$31.4 billion (November 2019)

Source: Central Bank of Bahrain

Bahrain Banks Directory 2020 21