Bank of Bahrain and Kuwait B.S.C.

Overview

Established in 1971, Bank of Bahrain and Kuwait B.S.C. (BBK) is a prominent financial institution headquartered in Manama, Bahrain. The bank provides a comprehensive suite of services, including retail banking, corporate banking, international banking, treasury, and investment solutions. BBK is listed on the Bahrain Bourse and has expanded its presence internationally with branches in Kuwait and India, as well as representative offices in Turkey and Dubai. The bank is committed to delivering efficient, inclusive, and convenient banking experiences to its diverse clientele. BBK's investment strategy emphasizes maintaining a diversified and sound portfolio, focusing on liquid fixed-income securities with strong credit fundamentals. The bank actively manages relative value and extension trades to realize attractive yields while safeguarding future income. Under the leadership of its Board of Directors, BBK achieved several key financial milestones, including the successful issuance of a USD 500 million, 5-year EMTN bond in June 2024, which was more than two times oversubscribed, demonstrating strong investor confidence and enabling the bank to price the bond at a competitive rate. The bank's mission is to be the premier regional financial services enterprise, providing superior products and services of high quality through innovation, technology, and lifelong customer relationships. BBK's values include creativity, passion, pioneering spirit, and reliability, which guide its operations and customer interactions. The bank is also committed to conducting sustainable and socially responsible banking practices that benefit its customers, shareholders, the environment, and future generations.

Investment Focus

• Strong credit fundamentals
• Diversified portfolio
• Focus on liquid fixed-income securities