Easier access to capital
Improving access to capital is one of the main ways of encouraging the growth of new and existing businesses in Bahrain. To achieve this, the Bahrain Development Bank (BDB), which provides loans mainly to small- and medium-sized enterprises, made some important announcements in late 2005
- An increase in the Bank’s paid-up capital to BD50 million from BD10 million. The new capital will enable the BDB to fund a far wider range of businesses.
- Loans will be extended to more small- and medium-sized businesses. Over the past five years, the BDB extended loans to 1,000 businesses in various sectors but it plans to accelerate this support in future.
- An extended range of Islamic financing products, ensuring the Bank can reach all levels of society.
- Faster loan approvals, as well as a simpler applications process.
- To guarantee a better and a closer service to customers, BDB is inaugurating more customer services centres in different locations across Bahrain.
Investment opportunities
Bahrain offers significant investment opportunities in several important economic sectors, including: