Treasury and Investment
The Treasury and Investment Department provides corporate entities and businesses with a full range of products and services such as traditional banking, financial management, trading, deposit accounts, foreign exchange, cash forecasting, money market trading, short-term investments, bank balance sheet management, market risk management, treasury bills, Islamic products, loans, and deposits. In addition, we also offer a variety of derivatives, including options, interest rate swaps, and future rate agreements. Furthermore, our Treasury experts also help improve working capital management of other departments, subsidiaries, and affiliated companies.
Corporate Banking
The Corporate Banking Division offers working capital facilities, term lending, and syndicated loans to corporations and businesses, encompassing various industries and economic sectors.
The CBD has four business units that specialize in various industries:
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Government Affairs
Handles the portfolio of businesses relating to the Government and Semi-Government entities. This unit is also in-charge in the management of the Bank’s non-performing assets.
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Contracting, Building Material, and Manufacturing
Handles the contracting and financing of contractors and manufacturers.
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Real Estate, Services, and Trading
Deals with real estate and trading services for businesses and corporate entities.
International Banking
Aside from our branches in Bahrain, BBK also has branches in India and Kuwait, along with representative offices in UAE and Turkey. In addition, we provide comprehensive international banking services in partnership with correspondent banks and financial institutions globally.
Information Technology
We take pride in our efficient, consistent, and advanced IT systems that are vital in providing top-notch services to our customers and subsidiaries. Our IT team focuses on making our systems reliable to create a highly secure environment allowing us to deliver our services through electronic channels. The team also ensures that our systems are running smoothly at all times, and they continually work with other business divisions in exploring new technologies. Furthermore, our IT team helps maintain data quality, manages the business continuity strategy, and generates reports that help us analyze our key performance indicators.
Human Resources and Administration
BBK’s Human Resources and Administration Division is divided into five departments:
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The Human Resources
This department is responsible for recruiting qualified staff for various divisions of the Bank's operations. They are also responsible for handling employee-related matters such as remuneration and benefits administration, job description policies, leave management, performance and development planning, and other administrative tasks.
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Training and Development
This team is responsible for training and developing the Bank's employees, helping ensure that every person is equipped with knowledge and skill related to the latest technologies and banking trends. They also handle BBK's Management Training and Development Program, which helps identify future bank leaders and trailblazers among its ranks.
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Corporate Communication
The Corporate Communication department helps ensure effective communications both internally and externally. The team is responsible for handling the image and reputation of the brand, as well as managing communications with media, shareholders, customers, and authorities.
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General Services
This department comprises various units handling safety and security, purchasing, dispatch, and archives. They are also responsible for repairing, maintaining, expanding, and renovating all BBK branches, offices, and properties.
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Systems Security Administration
The Systems Security Administration controls and monitors access to all automated systems. They also help enhance the system security awareness and regulate software used in all computing platforms. They also play an integral role in securing the bank's automated systems and ensuring they are protected from hackers and intruders.
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Operations
The Operations Division supports the products and services offered by the Retail Banking, Corporate and International Banking, Treasury and Investment, and Transactional Banking Divisions. The Operations Division is at the center of BBK’s day-to-day activities, effectively influencing the overall competitive performance of the organization.
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Audit Department
The Internal Audit Department is an independent appraisal team established within the Bank to monitor, examine, and evaluate its activities. Its crucial function is to help safeguard the Bank's and its customers' assets. They also help ensure strict compliance of all unis to the Bank's policies and procedures.
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Credit Management
The Credit Management Department helps identify, measure, monitor, and control credit and market risks. They also help reinforce the Bank's systems, ensuring that the organization meets the requirements and standards of the Central Bank of Bahrain (CBB) and the Basel Convention. Furthermore, the team also aims to increase credit-risk awareness, update business managers about changes in the business environment, and ensure all credit approval practices are consistent with the Bank's lending principles and policies.
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Risk, Compliance, and Legal Affairs
This department handles the risk policies and procedures on lending, investments, and treasury products and transactions. The team monitors market risks daily and develops an annual Risk Management Strategy wherein dangers are assessed, and initiatives in managing risks are outlined.
Financial Planning and Control
Financial Planning and Control is one of the Bank’s core functions, with responsibilities that include:
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Financial accounting and reporting
Formulate accounting policies, maintain records, produce financial statements, and report to the CBB.
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Internal controls and reconciliation
Check and monitor Bank policies, and reconcile erroneous transactions.
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Business planning and management accounting
Develop corporate strategy and annual budget, analyze Bank performance, manage funds transfer pricing process, and report to the Assets and Liabilities Management Committee
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Corporate strategy and strategic inititives
Handle other corporate tasks and functions
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