Bahrain’s Financial Sector Sees Steady Growth
Bahrain’s financial sector has continued to expand, with the number of licensed institutions rising to 375 by September 2025, up from 369 at the end of May. This represents a growth of about 1.6% over the period, according to data from the Central Bank of Bahrain.
Employment in the Financial Sector
Employment in the sector also recorded a modest increase, with the workforce reaching 14,940 in 2025, compared with 14,775 in 2024. This is an increase of 165 employees, or around 1.1%. Bahrainis accounted for 10,383 jobs, representing 69.5% of total employment, while non-Bahrainis numbered 4,557, or 30.5%.
Economic Indicators
The figures align with broader economic indicators for 2025. Bahrain’s gross domestic product (GDP) at current prices stood at $47.1 billion, reflecting growth of 2.0%, while GDP at constant prices reached $40.3 billion, up 2.6%. The financial sector contributed 17.2% of GDP at constant prices.
Banking Sector Performance
In the banking sector, total assets reached $246.8 billion by September 2025. Bahrain’s banking industry comprises 83 banks, including 15 Islamic banks, whose assets stood at $65.7 billion over the same period.
Insurance and Investment Sectors
Insurance activity also showed growth, with 140 firms licensed to operate in Bahrain by September 2025, compared with 137 in December 2024. Total insurance premiums reached BD239.4 million by the end of the year. The investment sector comprised 51 firms operating in Bahrain by September 2025, the Central Bank data showed.
Conclusion
In conclusion, Bahrain’s financial sector has demonstrated steady growth in 2025, with increases in the number of licensed institutions, employment, and economic indicators. The banking, insurance, and investment sectors have all shown positive trends, contributing to the country’s overall economic development. These developments are expected to continue, further solidifying Bahrain’s position as a major financial hub in the region.
