BAB Profile
The Bahrain Association of Banks (BAB) was established by a Ministerial decree in 1979, and registered under the central bank of Bahrain in 2010.BAB brings together banking institution of all sizes and charters in kingdom of Bahrain and works towards enhancing Bahrain image as the financial hub of the Middle East.
Collectively providing the full range of financial services, Bahrain bank represents 14 (Sep 2016) billion in total assets and Employee over 14,675 (2014) men and women and contributes 17.2% (2015) towards Bahrain’s $31.1 (2015) billion GDP.
Our Objectives
- Work with the CBB and all banks to protect the reputation of the banking sectors through the pursuit of full transparency by implementing Internal and International Banking rules.
- Closely cooperate with the CBB and all banks to highlight the Kingdom of Bahrain as a regional financial and global center.
- Promote the interests of banks in Bahrain at both local and international levels.
- Coordinate with CBB and other authorities on matters relating to laws and regulations and banks’ policies.
Leading the GCC in the
Index of Economic Freedom
Frequently Asked Questions






What is “Double Swiping”?
When a merchant swipes a card for the second time at their own point-of-sale (POS) or cash register after the card transaction has already been approved the first time.
Why are payment cards double-swiped?
Merchants ‘double swipe’ to collect vital payment card details and cardholders’ personal data for their internal accounting and/or marketing purposes.
What vital information can be accessed by double-swiping?
By double swiping, a merchant can access and store all payment card data, including sensitive information encoded on the magnetic strip of the payment card.
Why is it risky to double swipe?
If the merchant has stored the payment card data, including sensitive information encoded on the magnetic strip, this information can be stolen by criminals or fraudsters to create counterfeit payment cards and/or fraudulent transactions.

- 38
- YEARS OF
EXPERIENCES

- 51
- MEMBER
BANKS

- 14,093
- Workforce in the Financial Sector 2017

- $192.1bn
- Total Balance Sheet of the Banking System November 2018