Bahrain Development Bank (“BDB”) commenced its operations in 1992 as a specialist bank focused on financing and developing small and medium enterprises (SMEs) in addition to encouraging & supporting the entrepreneurship activities in the Kingdom of Bahrain.
Working in-line with Bahrain Economic Vision 2030, BDB adopts a dynamic and effective strategy for stimulating entrepreneurial activity in implementing its plans for financing SMEs.
Here are some of the basic documents that you will need to provide when you apply for a financing. However, kindly note that you may be asked for additional documents depending on the nature of your business, and requested facility you are applying for from BDB:
Our services are available to Bahrain registered businesses based on the eligibility criteria set for every service/product.
Yes, BDB provide both Islamic (Sharia complaint) and conventional financing.
Yes, BDB supports startups where the financing eligibility criteria and requirements are met.
Currently BDB has three active branches:
Yes, you can. All you need to do is download Benefit pay application and link your BDB account to start using the Fawri, Fawri+ & Fawateer services.
For more details please follow the link: Benefitpay
Our usual branches timings are from 8 am till 2 pm from Sunday to Thursday.
Yes, you can get your IBAN through our website under customer services menu.
For more details please follow the link: IBAN Enquiries
You can get your account details with BDB through our SMS service.
For more details please follow the link: SMS Service
Disclaimer: The above is subject to change at Bank’s sole discretion and in line with Central Bank of Bahrain directions and guidelines. Please call us directly on 17511111 and we would be happy to answer any question you have.
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Last Updated: 01 Jul 2021