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31. National Bank of Bahrain (NBB)
Country: Bahrain
Group CEO : Usman Ahmed
Market value: $3.5 billion
Established in 1957, NBB operates in Bahrain, the U.A.E., and Saudi Arabia. The bank owns 78.8% of the Bahrain Islamic Bank, which operates under an Islamic retail banking license. In 2022, NBB reported a 28.5% increase in net profits to $187.5 million, compared to $145.9 million in 2021. In 2022, NBB partnered with SWIFT to introduce Swift-Go payment solutions to its customers. Usman Ahmed assumed his role as Group CEO of NBB in January 2023.