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The Bahrain Association of Banks

Full company profile

uuid0007v1y

Namestring
The Bahrain Association of Banks
Legal namestring
The Bahrain Association of Banks
Company typeenum
Private
Founded yearint
1979
Descriptiontext

The Bahrain Association of Banks (also referenced as Bahrain Banks Association) is a Manama-headquartered trade association founded in 1979 that represents and advocates the interests of all licensed financial institutions operating in Bahrain. It functions as the unified industry voice for the country's banking sector, coordinating collective responses to national economic and security matters and promoting sector-wide unity. The organization is led by Chairman Yasser Al-Sharifi and CEO Zeba Majid Askari, supported by a small team of 11-50 employees, and operates primarily within the Bahraini market in the Middle East region.

As a membership-based association rather than a commercial enterprise, it does not sell discrete products or services, and no underlying technology platform, pricing model, or revenue mechanics are disclosed in the available sources. Its primary deliverables are sector representation, policy advocacy, coordination among member banks, and public communication on matters affecting financial stability. The most recent documented activity is a 2026-05-03 public statement in which the association reaffirmed the banking sector's support for national leadership and its commitment to uninterrupted banking services.

Short descriptiontext

The Bahrain Association of Banks is a Manama-based trade association founded in 1979 that represents and advocates the collective interests of all licensed financial institutions operating in Bahrain, led by Chairman Yasser Al-Sharifi and CEO Zeba Majid Askari.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersManama, Bahrain
HQ citystring
Manama
HQ countrystring
Bahrain
HQ regionstring
Middle East
Markets served

Serves global market

Keyword5 values
banking association, trade association, industry advocacy, financial sector coordination, banking sector representation
Industry1 code
1Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops)
CodeFSABAEALPrimaryYes
NAICS code1 code
  • Credit Intermediation and Related Activities522
SIC code1 code
  • Miscellaneous Business Credit Institution6159
Product category
Banking Industry Association
Social media profiles1 record
Cost components2 values
Personnel, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Bahrain Association of Banks is a trade association that represents and advocates the collective interests of licensed banks and financial institutions operating in Bahrain. It coordinates sector-wide initiatives, issues public statements on national economic and security matters, and works to maintain financial stability and uninterrupted banking services in the Kingdom of Bahrain.

Differentiator
Functional benefit
Problem solved
Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
1Qatar Association of Banks
TypeDirect peer
Description

Qatari banking industry association. Closely comparable in structure and mission, representing licensed banks in Qatar and coordinating on regulatory, economic, and national-interest matters.

2Saudi Banks (Saudi Banking Association)
TypeDirect peer
Description

Trade body representing banks operating in Saudi Arabia. Comparable in role, mandate, and structure as a national banking industry association coordinating sector interests in the GCC.

3Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
TypeEmerging player
Description

Bahrain-based international standards-setting body for Islamic finance. Co-located in Manama, partial mandate overlap with BAB on shariah and Islamic banking governance, and a potential partner or competing convening body.

TypeDirect peer
Description

National trade association representing licensed banks in the UAE. Most directly comparable to BAB as a GCC banking industry body performing advocacy, coordination, and crisis-response functions for member banks.

TypeRegional player
Description

Bahrain's broader private-sector chamber representing all industries including banking. Adjacent mandate in the same geography, with potential overlap and coordination with BAB on cross-sector economic issues.

TypeBroad incumbent
Description

UK banking and financial services trade body (successor to the British Bankers' Association). Comparable in role and services, with a much larger membership and productized advocacy/training offerings.

TypeDirect peer
Description

Association of banks operating in Kuwait performing similar advocacy and coordination functions. Same industry, same regional context, same member-driven mandate.

TypeDirect peer
Description

Jordanian banking industry association serving a similar coordinating and representative role for licensed banks. Regional peer in the MENA banking trade body landscape.

TypeBroad incumbent
Description

US banking trade association representing the full spectrum of American banks. Comparable in mandate and operating model, but vastly larger scale and broader product/service portfolio than BAB.

TypeBroad incumbent
Description

Global association of financial institutions with strong MENA/GCC membership overlap. Comparable as a banking advocacy body but operates globally rather than nationally.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Bahrain Association of Banks

Banking Industry Associationbanksbahrain.org

The Bahrain Association of Banks is a Manama-based trade association founded in 1979 that represents and advocates the collective interests of all licensed financial institutions operating in Bahrain, led by Chairman Yasser Al-Sharifi and CEO Zeba Majid Askari.

What The Bahrain Association of Banks does

The Bahrain Association of Banks (also referenced as Bahrain Banks Association) is a Manama-headquartered trade association founded in 1979 that represents and advocates the interests of all licensed financial institutions operating in Bahrain. It functions as the unified industry voice for the country's banking sector, coordinating collective responses to national economic and security matters and promoting sector-wide unity. The organization is led by Chairman Yasser Al-Sharifi and CEO Zeba Majid Askari, supported by a small team of 11-50 employees, and operates primarily within the Bahraini market in the Middle East region.

As a membership-based association rather than a commercial enterprise, it does not sell discrete products or services, and no underlying technology platform, pricing model, or revenue mechanics are disclosed in the available sources. Its primary deliverables are sector representation, policy advocacy, coordination among member banks, and public communication on matters affecting financial stability. The most recent documented activity is a 2026-05-03 public statement in which the association reaffirmed the banking sector's support for national leadership and its commitment to uninterrupted banking services.

The Bahrain Association of Banks firmographics

Firmographics
Name
The Bahrain Association of Banks
Legal name
The Bahrain Association of Banks
Website
https://banksbahrain.org
Company type
Private
Founded year
1979
Operating status
Operating
Headcount range
11–50 employees
Short description
The Bahrain Association of Banks is a Manama-based trade association founded in 1979 that represents and advocates the collective interests of all licensed financial institutions operating in Bahrain, led by Chairman Yasser Al-Sharifi and CEO Zeba Majid Askari.
Ownership category
akta.pro rank

The Bahrain Association of Banks industry classification

Industry
Product category
Banking Industry Association
NAICS
Credit Intermediation and Related Activities (522)
SIC
Miscellaneous Business Credit Institution (6159)
akta.pro primary industry
Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)

Keywords

  • Banking association
  • Trade association
  • Industry advocacy
  • Financial sector coordination
  • Banking sector representation

Where The Bahrain Association of Banks is headquartered

Location

Headquarters

HQ city
Manama
HQ country
Bahrain
HQ region
Middle East

Markets served

The Bahrain Association of Banks business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations

The Bahrain Association of Banks product offering

Product offering

Core offering

The Bahrain Association of Banks is a trade association that represents and advocates the collective interests of licensed banks and financial institutions operating in Bahrain. It coordinates sector-wide initiatives, issues public statements on national economic and security matters, and works to maintain financial stability and uninterrupted banking services in the Kingdom of Bahrain.

Differentiator

Problem solved

Functional benefit

Companies that use The Bahrain Association of Banks

Customer profile

Ideal customer profiles1 record

The Bahrain Association of Banks technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

The Bahrain Association of Banks partnerships and signals

Strategic signal

Recent moves2 records

The Bahrain Association of Banks competitors and assessment

Company assessment

Direct peers

  • Qatar Association of Banks: Qatari banking industry association. Closely comparable in structure and mission, representing licensed banks in Qatar and coordinating on regulatory, economic, and national-interest matters.
  • Saudi Banks (Saudi Banking Association): Trade body representing banks operating in Saudi Arabia. Comparable in role, mandate, and structure as a national banking industry association coordinating sector interests in the GCC.
  • UAE Banks Federation: National trade association representing licensed banks in the UAE. Most directly comparable to BAB as a GCC banking industry body performing advocacy, coordination, and crisis-response functions for member banks.
  • Kuwait Banking Association: Association of banks operating in Kuwait performing similar advocacy and coordination functions. Same industry, same regional context, same member-driven mandate.
  • Association of Banks in Jordan: Jordanian banking industry association serving a similar coordinating and representative role for licensed banks. Regional peer in the MENA banking trade body landscape.

Emerging players

  • Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI): Bahrain-based international standards-setting body for Islamic finance. Co-located in Manama, partial mandate overlap with BAB on shariah and Islamic banking governance, and a potential partner or competing convening body.

Regional players

  • Bahrain Chamber of Commerce and Industry: Bahrain's broader private-sector chamber representing all industries including banking. Adjacent mandate in the same geography, with potential overlap and coordination with BAB on cross-sector economic issues.

Broad incumbents

  • UK Finance: UK banking and financial services trade body (successor to the British Bankers' Association). Comparable in role and services, with a much larger membership and productized advocacy/training offerings.
  • American Bankers Association: US banking trade association representing the full spectrum of American banks. Comparable in mandate and operating model, but vastly larger scale and broader product/service portfolio than BAB.
  • Institute of International Finance: Global association of financial institutions with strong MENA/GCC membership overlap. Comparable as a banking advocacy body but operates globally rather than nationally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

The Bahrain Association of Banks social profiles

Digital presence

The Bahrain Association of Banks financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Bahrain Association of Banks leadership team

Management profile

Number of profiles

Profiles2 records

The Bahrain Association of Banks funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

The Bahrain Association of Banks M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Bahrain Association of Banks

What does The Bahrain Association of Banks do?

The Bahrain Association of Banks is a trade association that represents and advocates the collective interests of licensed banks and financial institutions operating in Bahrain. It coordinates sector-wide initiatives, issues public statements on national economic and security matters, and works to maintain financial stability and uninterrupted banking services in the Kingdom of Bahrain.

Is The Bahrain Association of Banks a public or private company?

The Bahrain Association of Banks is a private company. It is classified as unknown and is currently operating.

When was The Bahrain Association of Banks founded?

The Bahrain Association of Banks was founded in 1979. It employs 11 to 50 people.

Where is The Bahrain Association of Banks based?

The Bahrain Association of Banks is headquartered in Manama, Bahrain, in the Middle East region.

Who are The Bahrain Association of Banks's main competitors?

Direct peers on record are Qatar Association of Banks, Saudi Banks (Saudi Banking Association), UAE Banks Federation, Kuwait Banking Association and Association of Banks in Jordan. Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is listed as an emerging player. Bahrain Chamber of Commerce and Industry is listed as a regional player. Broad incumbents are UK Finance, American Bankers Association and Institute of International Finance.

Does The Bahrain Association of Banks have an API?

No public API is recorded for The Bahrain Association of Banks.

What industry is The Bahrain Association of Banks in?

The Bahrain Association of Banks's product category is Banking Industry Association. Its primary akta.pro industry code is FSABAEAL, Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops). Its NAICS code is 522 and its SIC code is 6159.

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Live signals
Biz BahrainBahrain Association of Banks Launches Second Edition of Digital Innovation AwardsThe Bahrain Association of Banks launched the second edition of its Digital Innovation Awards 2026, featuring three categories for individual, SME, and corporate entries. The awards are supported by multiple banks, with an independent judging panel, and will conclude with a ceremony on October 8th at Fintech Forward 2026.Biz BahrainSINNAD Joins the Bahrain Association of Banks to Strengthen Collaboration and Knowledge ExchangeSINNAD, a card processing and payment services provider, joined the Bahrain Association of Banks to strengthen collaboration with financial institutions. The membership aims to support Bahrain's digital payments ecosystem and foster industry dialogue. SINNAD's CEO Rana Almaeeli and BAB CEO Zeeba Askar both welcomed the partnership.ZawyaBahrain Bourse maps out future of capital markets ecosystemBahrain Bourse hosted a high-level session with the Bahrain Association of Banks to advance its Capital Market Development Plan 2026-2028, titled 'Elevate'. The three-year strategy focuses on diversifying offerings, deepening liquidity, and upgrading infrastructure, with five pillars including equity and capital formation, trading operations, regulatory alignment, issuer engagement, and digital readiness.Biz BahrainThe Bahrain Association of Banks (BAB) and Bahrain Bourse Host Strategy Session Highlighting Capital Market Development Plan 2026–2028 ‘Elevate’Bahrain Bourse and the Bahrain Association of Banks hosted a strategic session on the Capital Market Development Plan 2026–2028 'Elevate'. The plan outlines five pillars including equity and capital formation, trading operations, and digital readiness. It aims to diversify offerings, deepen liquidity, and strengthen infrastructure.ZawyaSingapore Gulf Bank signs up as member of Bahrain Association of BanksSingapore Gulf Bank joined the Bahrain Association of Banks, reinforcing Bahrain's role as a financial hub connecting Asia and the Gulf. The move highlights Bahrain's growing standing among international institutions seeking stronger connectivity between Asian and Middle Eastern markets.Biz BahrainGFH Celebrates the Success of “GFH XLR8 Night Run 2026” in Partnership with “BABGFH Bank celebrated the success of its XLR8 Night Run 2026 on May 15, 2026, at Janat Dilmun Waterpark, with nearly 1,000 runners and BAB's support. The event, organized by GFH's XLR8 sports platform, included an Expo Village and was attended by BAB leadership. GFH reaffirmed its commitment to community sporting initiatives.Biz BahrainBAB Human Capital Committee Holds a Workshop on Advancing Human Resources Development in the Financial SectorThe Bahrain Association of Banks' Human Capital Committee held a strategy workshop to develop a two-year roadmap for human capital development in the financial sector. The workshop focused on leadership succession planning, leadership capabilities, and critical skills gaps, with participants shaping measurable performance indicators. Committee members emphasized the strategic importance of human capital for Bahrain's financial competitiveness.Biz BahrainBahrain Association of Banks Welcomes MENA Industrial Bank as New MemberThe Bahrain Association of Banks welcomed MENA Industrial Bank as a new member, expanding its representation of institutions supporting industrial growth. The bank's CEO said the membership strengthens ties with stakeholders and contributes to policy discussions, while BAB's CEO highlighted the addition's value for Bahrain Economic Vision 2030.TelecompaperSTC Pay joins Bahrain Association of BanksSTC Pay Bahrain joined the Bahrain Association of Banks, enabling it to shape industry dialogue on policy and innovation. The company aims to collaborate with financial institutions and align with national governance standards to support the Central Bank of Bahrain and the country's Economic Vision 2030.Biz BahrainBAB Signs MoU with Kuwait Banking Association to Enhance Financial CollaborationThe Bahrain Association of Banks signed a Memorandum of Understanding with the Kuwait Banking Association in Kuwait. The MoU provides a framework for dialogue and information exchange between the two associations. BAB CEO Zeeba Askar and Kuwait Banking Association Secretary General Yaqoub Al-Sayyid Yousef Al-Rifai signed the agreement.