Bahrain Islamic Bank
| Industry | Financial services |
|---|---|
| Founded | 7 March 1979 |
| Headquarters | Al Salam Tower, Building 722, Road 1708, Block 317, , Bahrain |
Number of employees | 329 (2022) |
| Website | bisb |
Bahrain Islamic Bank is a commercial bank based in Manama, Bahrain, founded on 7 March 1979, and started operating from the beginning of the Hijri Year 1400 (2nd of Muharram) which was the 22 November 1979.[1][2]
It is the first islamic bank in the Kingdom of Bahrain, works under supervision of the Central Bank of Bahrain and is listed on the Bahrain Stock Exchange.[3]
In January 2016, the Moody's Investors Service confirmed its ratings and upgraded the standalone baseline credit assessment (BCA) to b3 from caa1.[4]
in 2023, the Bank adopted Nutanix solutions as part of its digital transformation strategy, investing in a suite of solutions including Nutanix Database-as-a-Service, Nutanix Files, Nutanix Data Protection, and Nutanix AHV.[5]
See also
References
- ^ "بنك البحرين الإسلامي: خطة طموحة لزيادة النمو اعتماداً على الخبرة العميقة في علوم وفنون الصيرفة الإسلامية". 19 November 2004. Retrieved 27 September 2021.
- ^ "Company Overview of Bahrain Islamic Bank B.S.C." Retrieved 19 March 2017.
- ^ "History". Archived from the original on 1 March 2017. Retrieved 19 March 2017.
- ^ "Moody's confirms Bahrain Islamic Bank's Ba3 issuer ratings; upgrades BCA to b3 from caa1 and assigns positive outlook". 26 January 2016. Retrieved 19 March 2017.
- ^ Prendergast, Robert (16 October 2023). "Bahrain Islamic Bank to implement Nutanix's solutions". Retail Banker International. Retrieved 23 December 2023.
External links
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