Fact Sheet

Fact Sheet

The Financial Sector

Fact Sheet
Regulator: Central Bank of Bahrain
Financial Institutions: 374 (January 2026)
  • Financial Sector Workforce:

Total Workforce – 14,971 (Q3 2025)
Bahraini nationals – 10,434  (69.7%)
Foreign nationals – 4537 (30.3%)

  • Key Economic Indicators:

GDP (Current) – US$47.1 billion (2024)
Growth  -2.0% (2024)
GDP (Constant) – US$40.3 billion (2024)
Growth – 2.6% (2024)
Contribution of financial corporations to GDP in constant prices – 17.2% (2024)
Sovereign Rating – (S&P November 2025) B with a stable outlook
Fitch (February 2026) with a stable outlook
Population – 1,594,654 (2024)

  • Banking Sector:

Assets – US$250.3 billion (January 2026)
Total No. of Banks – 83 (January 2026)
Retail banks -29 (January 2026)
Locally incorporated retail banks – 13
Branches of foreign retail banks – 16
Wholesale Banks – 54
Representative Offices (Banks) – 6
Bank Society – 1
Islamic Banks (included in above) No. of banks – 15 (January 2025)
Assets -US$67.6 billion (January 2026)

  • Insurance Sector:

Total No. of Insurance Companies & Organisations
Authorised in Bahrain – 141 (December 2025) excluding Appointed Representative
Domestic Market Gross premiums -BHD 239,438,000
(US$ 636,666,037.4) (September 2024)
No. of Insurance Firms – 31 (including the Overseas Firms)

  • Locally Incorporated Insurance, Reinsurance Firms – 21
  • Insurance & Reinsurance Firms (included above, in Locally Incorporated) – 14
  • Takaful & Retakaful Firms (included above, in Locally Incorporated) – 6
  • Captives (included above, in Locally Incorporated) – 1
  • Overseas Insurance Firms – 10

Insurance Brokers – 35
Insurance Consultants – 4
Insurance Managers – 3
Representative Offices – 2

Registered Loss Adjusters – 14
Registered Actuaries – 31
Insurance Ancillary Services – 6
Insurance Pools & Syndicates – 2
Insurance Society – 1
Insurance Licensees Restricted: – 12

  • Insurance Firms restricted: – 8
  • Insurance Brokers restricted: – 3
  • Insurance Consultants restricted: – 1

Insurance Appointed Representative – 106(December 2025)

  • Corporate – 33
  • Individual – 73
  • Investment Business Firms:

No. of Investment Business firms -51 (December 2025)

  • Specialised Licensees:

Total no. of institutions – 81 (September 2025)
Money Changers – 18
Fund Administrators License – 5
Financing Companies – 7
Microfinance Institution – 2
Trust Service Providers – 3
Ancillary Service Providers – 30
Registered Professional Body – 1
Representative Offices – 14

  • Funds Industry:

Authorised Funds – 1751 (January 2026)
NAV – US$11.060 billion (December 2025)
Locally Incoporated (CIUs) – 64

  • Conventional-CIU – 35
  • Islamic-CIU – 29

Locally Incorporated (PIUs) – 10

  • Conventional-PIU – 6
  • Islamic-PIU – 4
  • Islamic Funds (both local and overseas) – 172
  • Foreign Funds-Offshore – 1674 (January 2026)

NAV for Local Funds (CIUs and PIUs) – US$4.404 billion (December 2025)
NAV for Offshore Funds – US$6.656 billion (December 2025)
NAV for Islamic Funds (Local and Offshore) – US$2.338 billion (December 2025)

  • Capital Market:

Market Capitalisation – US$ 21.3 billion (December 2025)
Listed Companies – 41
Licensed Exchanges – 1
Licensed Clearing, Settlement and
Central Depository Systems – 1
Licensed Securities Broker-Dealers – 1
Licensed Securities Brokers – 2
Other Members of Licensed Exchanges – 7
Licensed Crypto-Asset Services – 9