Central Bank of Bahrain

Central Bank of Bahrain
مصرف البحرين المركزي
HeadquartersManama, Bahrain
Established6 September 2006 (6 September 2006)
Ownership100% state ownership[1]
Key peopleKhalid Humaidan, Governor
Central bank ofBahrain
CurrencyBahraini dinar
BHD (ISO 4217)
Reserves$3.2 billion
Preceded byBahrain Monetary Agency
Websitehttp://www.cbb.gov.bh

The Central Bank of Bahrain (CBB) is the central bank of Bahrain. It is a public corporate entity that was established by the Central Bank of Bahrain and Financial Institutions Law 2006. on 6 September 2006.

Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law established the Central Bank of Bahrain in place of the Bahrain Monetary Agency.[2] The Bank is located in the Diplomatic Area of Manama, in Bahrain.

Its responsibilities include, implement monetary policy, supervise and regulate the banking sector, acting as the government's fiscal agent, encouraging the growth of Bahrain as a major international financial centre, and to manage the foreign currency, cash and gold reserves of the Kingdom.

  1. ^ Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law" (PDF). 6 September 2006. Archived from the original (PDF) on 4 November 2006. Retrieved 23 October 2006.

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