Accreditations & Registration

Awal Bank was registered in the Kingdom of Bahrain in 2004 under license as a wholesale bank from the Central Bank of Bahrain. By the end of 2007, the Bank’s total assets were around $8,651.9 million, making it the fourth largest bank in the country. In 2007, Awal Bank was assigned foreign currency long and short term ratings of BBB+ and A2 respectively by Capital Intelligence. The financial strength rating was also BBB+.

Awal Bank is part of the Saad Group of Companies, enabling the Bank to tap into a large pool of resources and expertise, so giving it an edge over many of its competitors.