Fisheries Loans

We offer loans for fisheries with 0% interest rate to assist them in purchasing new/used boats, engines, spare parts, fishing items or for maintenance. The maximum facility amount BHD 15,000

Who can apply:

  • The applicant should be a Bahraini.
  • The Applicant’s age should not be less than 21 years and not more than 55 years.
  • The Applicant should hold a valid Fishing License issued by the Fish Wealth Directorate at the Ministry of Works, Municipalities Affairs & Urban Planning

Required documents: (Upon review of the documents, further documents might be required)

  • Application form
  • Benefit form
  • Copy of Smart Card & details
  • Copy of Passport
  • Bank statements for six months.
  • Quotation for the purchase required.
  • Copy of Fishing License.
  • Copy of Boat registration certificate.
  • Assignment/ Undertaking for salary transfer of employed fishermen.

For applications backed by Guarantors:

  • Application form
  • Benefit form
  • Copy of Smart Card & details
  • Copy of Passport
  • Bank Account statements for the last six months of the guarantors.
  • Salary certificate and/or financial statements
  • Assignment/ Undertaking for Salary Transfer.
page image

Last Updated: 03 Nov 2019

Licensed by the Central Bank of Bahrain as a Conventional Retail Bank

Last Updated: 22 Sep 2021

Follow us