The GCC’s most established financial services sector
Acknowledged as the GCC’s financial capital, Bahrain has built a financial services sector comprising 367 local, regional and global institutions.
A regional financial services hub in Bahrain will put you at the centre of a growing concentration of wealth. The regional market is valued at USD 1.67 trillion and Bahrain finance companies are at the heart of the GCC as well as the wider MENA region. Whether you are an international or Bahrain finance company, financial services company, banking company, or exchange company, the Kingdom’s progressive regulatory environment ensures the region’s longest established financial centre remains its most innovative.
The financial industry is the largest non-oil contributor to Bahrain’s real GDP
Sector contribution to GDP (Q3 2021)
Banking sector assets (2021)
Market capitalisation (2021)
Total operational cost in Bahrain is up to 27% lower than GCC benchmarks in Financial Services
(Source: KPMG Cost of Doing Business report FS, 2022)
The financial sector total workforce is 14,124 (Bahraini nationals represent 68% of the total workforce).
(Source: Central Bank of Bahrain, 2022)
Central Bank of Bahrain (CBB)
Setting the framework for the financial services sector in the Kingdom.
Bahrain’s single source of governance for the entire financial system since 2002.
From banking services to FinTech innovators, companies in Bahrain are moving the industry forward. Here are just a few of those whose investment in Bahrain’s finance industry has been instrumental to their success.
Bahrain EDB makes it quick and straightforward to set up and operate in Bahrain for financial services, FinTech, and other financing and exchange institutions. The EDB guides each new or existing entity through the process with crucial information and resources about future business opportunities in Bahrain to help companies in the financial services sector thrive and grow.
A compilation of Bahrain finance industry resources is available to download. Discover opportunities in Bahrain whatever your specialism with the financial services sector.
FinHub 973, launched by the Central Bank of Bahrain (CBB), is the region’s first cross-border, digital innovation platform that connects and facilitates collaboration between financial institutions and fintechs under the supervision of the central bank.
CBB regulatory sandbox
A framework to facilitate FinTech innovations and encourage financial inclusion.
Investment Limited Partnership Law
Bahrain’s Investment Limited Partnership Law introduces new forms of structures and finding mechanisms for companies to benefit from.
Protected Cells Companies Law
Strengthens investors’ rights by separating private assets from the protected cell company and legally regards each cell individually.
The Trust Law is designed to facilitate estate planning, charitable activities, and financial activities.