Bbk Case Study

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BBK HISTORY BBK known as The Bank of Bahrain and Kuwait B.S.C, established on 16th March 1971. It has been the pioneer in Commercial Banking for 41 years in the Kingdom of Bahrain. In 1972, with a capital of BD 1 million BBK began operations. Nowadays, BBK is one of the largest commercial banks in the Kingdom of Bahrain, with a capital of BD. 303.9 million. BBK succeeded in building a reputation and a name, as well as a strong presence network of Financial Malls, branches and ATMs. In 2006 BBK established the 'Financial Mall' concept, housing partners such as telecommunication service, CrediMax, travel and insurance needs under one roof. The Financial Malls provide customer-perfect services, personal financial advisors and replacing conventional…show more content…
BBK plays a main role in financing infrastructural and industrial projects creating products and services that cater to the needs of individuals, businesses, investors, corporations and the government. Expecting an increased interest in online banking, BBK introduced comprehensive eBanking solutions and provided new generation services through user friendly website, which won various awards. Over the past few years, BBK established a number of subsidiaries in the areas of financial services, mortgage, Islamic investment and credit card to extend our customer offering. High standards in Corporate Governance are a fundamental in maintaining BBK’s leading position within the local as well regional banking sector and the community. Continuous review and observance to strong corporate governance practices enhanced compliance levels according to international standards and in line with the policies of regulatory authorities and statutory requirements in the Kingdom of Bahrain and other countries where BBK…show more content…
"AUB" was established as a bank in Bahrain on 31 May 2000 following a merger between The United Bank of Kuwait PLC ("UBK") and Al-Ahli Commercial Bank B.S.C. ("ACB") pursuant to which UBK and ACB both became wholly owned subsidiaries of AUB. AUB operates under a retail banking license issued by the Central Bank of Bahrain ("CBB"). In addition to the Group's wholly owned operations of AUB (Bahrain) and AUB (United Kingdom), AUB Group has a 35% stake in Ahli Bank (Oman), a 40% stake in United Bank of Commerce & Investment (Libya), a 68.9% stake in Commercial Bank of Iraq, a 74.9% stake in AUB (Kuwait), and 85.4 % stake in AUB (Egypt). In addition to that, AUB has a 50% stake in Legal & General Gulf which is an insurance joint venture with UK-based Legal & General. AUB is continuously assessing and seeking to expand in the GCC and to acquire complementary banking platforms in identified secondary markets in the Middle East and North Africa ("MENA") region in order to act as a preferred regional and international intermediary for its clients. AUB Group's varied geographical footprint provides a conduit to tapping cross border business and investment flows within the MENA region. The AUB Group's presence in the United Kingdom services the need of its Gulf clients in

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