December 04, 2016 3:13 AM ET

Consumer Finance

Company Overview of Bahrain Financing Company Ltd.

Company Overview

Bahrain Financing Company Ltd. provides foreign exchange services. The company specializes in money transfer services, including draft, telex, and swift transfers. It also provides online remittance services, traveler’s cheques, wholesale banknote services, and bonus cards. The company was founded in 1917 and is based in Manama, Bahrain with presence worldwide. As of January 28, 2009, Bahrain Financing Company Ltd. operates as a subsidiary of Bank Alkhair B.S.C.

8-12 Bab Al Bahrain

Building 150

Road 1507

Manama,  

Bahrain

Founded in 1917

Phone:

973 17228888

Fax:

973 17223495

Key Executives for Bahrain Financing Company Ltd.

Chief Executive Officer, Managing Director and Director
Secretary to the Board and Director
General Manager
Compensation as of Fiscal Year 2016.

Bahrain Financing Company Ltd. Key Developments

Bahrain Financing Company's Subsidiary Receives Approval from Prudential Regulation Authority and Financial Conduct Authority to Launch Operations in the UK

Bahrain Financing Company announced that a subsidiary of the company received approval from the Prudential Regulation Authority and Financial Conduct Authority to launch operations in the UK. The firm is to use ERI's Olympic core banking system and is to focus on international payments and cash management services in addition to domestic payments. The firm said that it would offer services that would complement existing services available for SMEs.

Bahrain Financing Company Opens Branch, in Hajiyat

Bahrain Financing Company announced the opening of its branch, in Hajiyat. The opening of the Hajiyat branch, which is located near to Mirage restaurant and will be open daily from 8am – 9pm, is part of BFC’s strategy to open convenient locations in the neighborhoods and areas that its customers work and reside. With a mix of both local and expatriates living in the area and no other exchange house in operation, Hajiyat is a prime location for BFC to provide its trusted money transfer and foreign exchange services that customers rely on.

Al Jadeed Exchange Inks Pacts with Bahrain Finance Co and Muthoot Group for Currency Imports

Al Jadeed Exchange has signed agreements with Bahrain Finance Co and Muthoot Group to import currencies.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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