Latest news with #BDB
Zawya
3 days ago
- Business
- Zawya
Bahrain Development Bank reports 22% growth in net profit
Bahrain Development Bank (BDB), the leading bank in supporting small and medium-sized enterprises (SMEs) in the kingdom, has announced its financial results for the first half of 2025, revealing robust performance and notable growth across key financial indicators. Net profit attributable to the owners of the bank for the six month period increased by 22 per cent, reaching BD965,000 for the period ending June 30, 2025, compared to BD792,000 for the same period last year. Meanwhile, operating income amounted to BD5.682 million in the first half of 2025, representing a 14pc rise from BD4.969m in the first half of 2024. This increase demonstrates BDB's ability to consistently generate sustainable returns and long-term value for its customers. Commenting on the occasion, BDB chairman Ghassan Ghaleb Abdulaal said: 'Our efforts during the first half of this year have culminated in strong financial performance, with net profit attributable to the owners of the bank up by 22pc. This achievement reflects the strength of our management decisions and the clarity of our strategic direction. It also signifies our ongoing work in diversifying our investment portfolio and enhancing our operational efficiency. 'We remain committed to empowering SMEs to reinforce their role as a key driver of Bahrain's economic progress.' For her part, BDB Group chief executive Dalal Al Qais said: 'We have witnessed remarkable progress during the first half of the year, which is driven by our team's focus on translating innovation into meaningful value for our clientele. The 14pc growth in operating income demonstrates how we have been successful in achieving our organisational objectives and supporting the national economy by empowering SMEs. 'These outstanding results would not have been possible without the guidance of our board of directors and the collective dedication of our talented workforce.' Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Daily Tribune
05-08-2025
- Business
- Daily Tribune
BDB grooms future bankers in new internship push
TDT | Manama Bahrain Development Bank (BDB) has launched its 2025 Summer Internship Programme, offering university students hands-on experience across key banking functions in a move that ties directly into Bahrain's broader economic transformation strategy. The initiative aims to bridge the gap between academic learning and the operational realities of the financial sector, helping young people build the skills and confidence to contribute meaningfully to the economy. Interns will work under the guidance of BDB professionals and be embedded in real-world projects across the bank's operations. Human capital focus Group Chief Executive Officer Dalal Al Qais said the programme reflects BDB's vision of national development not just through financing, but by investing in people. 'We welcome our ambitious next generation,' she said. 'This initiative aligns with our vision to be a key partner in national development, not only by providing financial support, but also by investing in human capital.' Al Qais added that she had personally met the interns and wished them an 'enriching experience.' Strategic alignment The programme, developed by BDB's Human Resources Department, is also designed to foster innovation and teamwork among participants. Chief Human Resources Officer Hend Mahmood said it provides an immersive experience in banking operations, preparing youth to play an active role in economic growth.'This initiative reflects our belief in empowering youth with the knowledge and confidence needed to build successful careers,' she said. Broader mandate Established in 1992, BDB is a key player in Bahrain's SME ecosystem and national economic diversification agenda. The bank's efforts in digital banking through its 'tijara' platform and women-led business support under the Riyadat scheme are among its contributions to inclusive financial access and sustainable growth. The new internship programme complements that mandate by ensuring that future banking professionals emerge with both technical skills and a deep understanding of the national development context.
Daily Tribune
14-07-2025
- Business
- Daily Tribune
BIPA and BDB Celebrate Completion of Leadership Program to Empower Future Bahraini Leaders
SK The Institute of Public Administration (BIPA) continues to push forward its mission of developing national talent, as it concluded the third edition of its leadership program in collaboration with the Bahrain Development Bank (BDB). Dr. Shaikha Rana bint Isa bin Daij Al Khalifa, Director General of BIPA, praised the program as part of the institute's broader efforts to design and implement leadership development initiatives that align with institutional needs and global best practices. She emphasized that nurturing Bahraini professionals is key to advancing both institutional growth and national development. The program, tailored specifically for BDB employees, focused on building leadership capabilities and encouraging a culture of innovation and excellence. Participants engaged in intensive training sessions and interactive workshops covering leadership skills, project management, design thinking, and innovative problem-solving — all aimed at equipping them to lead change within their organizations. Dalal Al Qais, CEO of Bahrain Development Bank Group, expressed pride in the participants' accomplishments, highlighting the innovative projects and ideas developed during the program. She underscored that the partnership with BIPA is a cornerstone of the bank's strategy to strengthen leadership competencies and build a strong second line of future leaders. Echoing this, Hind Mahmood, BDB Group's Chief Human Resources Officer, stated that the program represents a significant step toward supporting a strong institutional culture by enhancing leadership skills across the bank. She reaffirmed the bank's commitment to investing in human capital, calling it a top priority and the foundation of long-term sustainability and excellence. BDB remains committed to fostering a culture of continuous learning and development, with the aim of boosting both personal and professional growth. This, the bank believes, will ultimately elevate performance standards, promote team spirit, and ensure better alignment across departments — all contributing to the bank's long-term vision and goals.
Biz Bahrain
14-07-2025
- Business
- Biz Bahrain
BDB Named Among Al Bilad's Top 50 Bahraini Companies for 2025
Bahrain Development Bank (BDB), the Kingdom's leading institution dedicated to supporting small and medium-sized enterprises (SMEs), proudly announces its inclusion for the second consecutive year in Al Bilad Newspaper's list of the 'Top 50 Bahraini Companies' for 2025. This recognition reaffirms the Bank's commitment to excellence across its operations and institutional performance. The accolade reflects BDB's sustained contributions to advancing the Kingdom's entrepreneurial ecosystem by offering innovative financing solutions and empowerment opportunities to SME owners. It also stands as a testament to the dedication and professionalism of the Bank's employees, whose contributions continue to drive the organisation's growth and enhance its market position. Commenting on the achievement, Ms. Dalal Al Qais, Group Chief Executive Officer of BDB, stated, 'We are immensely grateful to Al Bilad for their continued trust in our institution, and honoured to be named among the Top 50 Bahraini Companies for the second year in a row. At BDB, we remain dedicated to serving our clients, shareholders, and stakeholders through innovative financial solutions and effective means of support, helping to strengthen the role of SMEs in fuelling Bahrain's economic development. This recognition affirms the impact of our work and reinforces our stature as a leading institution in the local financial sector.' Now in its fourth year, the 2025 edition of Al Bilad's Top 50 Bahraini Companies builds on the strong momentum of previous editions, which drew significant engagement from national companies, stakeholders, and industry leaders. The list recognises top-performing Bahraini companies for their strong results, meaningful contributions, and vital role in advancing the national economy.
Biz Bahrain
03-06-2025
- Business
- Biz Bahrain
Bahrain Development Bank Participates in INJAZ Bahrain 2025 Young Entrepreneurs Competition
Bahrain Development Bank (BDB) – the leading bank in supporting small and medium enterprises (SMEs) in the Kingdom of Bahrain, has announced its participation in the 17th edition of the INJAZ Bahrain 2025 Young Entrepreneurs Competition. Scheduled to take place on the 3rd and 4th of June at Crowne Plaza Hotel, the event underscores BDB's ongoing commitment to encouraging youth innovation and promoting an entrepreneurial mindset within the local community. Student teams from schools and universities across the Kingdom are expected to take part in this national platform. The competition offers an interactive educational experience that simulates the process of launching a start-up, providing young Bahrainis with a unique opportunity to develop entrepreneurial skills. Participants will undergo a comprehensive hands-on journey that includes product development, business planning, marketing, and resource management, culminating in presentations before a panel of expert judges from both the public and private sectors. Commenting on the occasion, Ali Al Aradi, Chief Banking Officer at Bahrain Development Bank, stated: 'At Bahrain Development Bank, we take pride in supporting initiatives that invest in the potential of our youth, offering them opportunities for creativity and growth. This competition serves as a living model of the entrepreneurial spirit deeply rooted in our community. Our participation reflects our belief in the power of nurturing promising ideas and turning them into impactful ventures. We also value our partnership with INJAZ Bahrain, which plays a pivotal role in shaping a new generation of leaders and innovators capable of driving the future of the national economy.' BDB's involvement in this initiative reinforces its dedication to empower the younger generation and help them to transform their ideas into real-world projects with meaningful economic and social impact. Ali Al Aradi will also serve as a member of the judging panel for INJAZ Bahrain 2025 Young Entrepreneurs Competition, highlighting the bank's executive-level support for initiatives aimed at building youth capabilities and preparing them to enter the business world with confidence and competence. This participation further underscores BDB's broader role in fostering human capital development and skill-building, in parallel with offering innovative financial solutions to small and medium enterprises. Through strategic collaborations such as this, BDB continues to strengthen its position as a financial institution that believes investing in human resources is key to achieving long-term sustainable economic growth.
