FAQs

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.

BDB offers a range of credit facilities and financing solutions including the following:

• Term Loans

• Women Business Finance Scheme (Riyadat)*

• Working Capital loans

• Letters of Guarantee

• Letters of Credit

• Overdraft Facility

• Fisheries Loans

• Agriculture Loans

• Education Loans

You can visit any of our branches to apply for business financing or you can send us your inquiry through our website or by calling our call center on 17511111 and one of our relationship managers will contact you at the earliest to discuss your inquiry and clarify any requirements.

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:

• Application Form
• Benefit Consent Form
• Personal Data Protection Law Consent Form
• Applicant CV
• Two Valid IDs (CPR including details and another valid ID, ex. Passport)
• CR copy
• Company profile
• Memorandum and Articles of Association (if applicable)
• 6 months Bank Statement of individual/entities.
• Financial Statements (Audited / Management for last 3 years)
• Business Plan / Project Feasibility Study (for Startups)

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.

You can call us on 17511111 or submit your inquiry through our website by filling the financing inquiry form or through visiting any of our branches.

Currently BDB has three active branches:

• Diplomatic Area (Main)
• A’ali Branch (Riyadat Mall)
• Sitra Branch – (Sitra Mall)

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