SR.No: 70
National Bank of Bahrain (NBB)
Sector: Banks & Financial Services
Date of Establishment: 1957
Country: Bahrain
CEO: Jean-Christophe Durand
Sales: $523 million
Profits: $134.5 million
Assets: $11.6 billion
Market Value: $3 billion
NBB operates through a network of 29 branches across Bahrain, Saudia Arabia, and the U.A.E. Bahrain’s sovereign wealth fund Mumtalakat owns 44% of the bank’s shares. In 2020, the bank successfully acquired 78.8% of Bahrain Islamic Bank. It pledged $6.6 million to Bahrain’s national campaign to fight the pandemic. CEO Jean-Christophe Durand is also a board member for Gulf Air, the Bahrain Telecommunications Company (Batelco), and Bahrain Islamic Bank.