- Full Time Employees
- 193
- Sector
- Finance
- Industry
- Major banks
- Address
- Manama Bahrain
- IPO Date
- Jun 12, 2008
- Business
- Khaleeji Bank B.S.C. is an Islamic retail and commercial banking institution headquartered in Manama, Kingdom of Bahrain. Founded in 2004 and operating under a retail Islamic banking license issued by the Central Bank of Bahrain, the bank operates as a subsidiary of GFH Financial Group and serves individual consumers, small and medium-sized enterprises, high-net-worth clients, corporations, and financial institutions across Bahrain and the wider Gulf Cooperation Council region. The bank conducts its operations through core business segments comprising Retail Banking, Corporate Banking, Treasury and Capital Markets, and Investment and Wealth Management. Khaleeji Bank offers a comprehensive portfolio of Sharia-compliant financial products and services, including deposit and investment accounts such as current accounts, savings accounts, call accounts, the Al Waffer prize-linked investment account, and Wakala term investment deposits; personal financing solutions encompassing Murabaha consumer financing, vehicle finance, and residential mortgage financing, including government-backed housing finance under the Mazaya and Tas'heel social housing programs; corporate and commercial financing facilities comprising working capital financing, project finance, asset-backed finance, syndicated facilities, letters of credit, and letters of guarantee; card services encompassing debit cards, credit cards, and prepaid cards; treasury and market solutions encompassing Islamic liquidity management, foreign exchange services, money market placements, and Sukuk trading; and electronic financial services including mobile banking applications, web-based banking platforms, Open Banking application programming interface integrations, and electronic fund transfers. In recent developments, the institution executed a corporate rebranding from Khaleeji Commercial Bank B.S.C. to Khaleeji Bank B.S.C., adopting a modernized corporate identity and strategic framework focused on digital innovation and operational efficiency. The bank has substantially upgraded its digital infrastructure by launching end-to-end digital customer onboarding with biometric electronic Know-Your-Customer verification, introducing upgraded mobile banking capabilities, and establishing partnerships with financial technology providers to deploy Open Banking and instant payment solutions. In addition, Khaleeji Bank has expanded its public-private partnerships with the Ministry of Housing and Urban Planning and Eskan Bank to deliver expanded housing financing programs across Bahrain, while reinforcing operational and capital synergies with its parent entity, GFH Financial Group.