Bahraini Saudi Bank (BSB)

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Sun-Thur 7:30am to 3:30pm
Phone: +97317578970 Fax: +97317467377
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www.bsb.com.bh



Description

Bahraini Saudi Bank was established in 1983 with a paid up capital of BD 20 million, equally held between Bahraini and Saudi shareholders. Subsequent removal of this restriction allowed greater flexibility for ownership. Bahraini Saudi Bank offers Commercial and Retail Banking services to its customers in the Kingdom of Bahrain. The Bank raised its authorized capital to BD 200 million with a paid up capital of BD 50 million in 2005. The Bank's majority shares were acquired by Al Salam Bank Bahrain in 2009 and became a subsidiary of Al Salam Bank Bahrain. The bank has changed its focus from conventional banking to Islamic Banking offering varied Shari'a compliant deposit, and finance products. Since commencement of operations in 1985, Bank has successfully underscored the need to respond effectively to the financial requirements of both Retail and Commercial customers. It meets the needs of small to medium sized customers in the trade, retail, manufacturing, construction, services and real estate sectors through a full range of products and services. Bahraini Saudi Bank carries out its business activities under Islamic bank license issued by the Central Bank of Bahrain. Bahraini Saudi Bank offers a full range of retail banking services through its six branches and its ATM network (both at Branches and off site ATMs. Its Branches are strategically located at Government Avenue, Exhibition Avenue , Central Market, Arad, East Riffa, and Hamala. The Bank's Services include remittance services, charge cards and financing.







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