National Bank of Bahrain (NBB) today announced 15 lucky winners of its flagship “AlWatani Savings Scheme” for the month of February 2018 totaling US$100,000. The details of the lucky winners are available on the Bank’s social media [email protected].

- Appoints new board for upcoming three-year period, including Bank’s first female director -

NBB makes a BD 20,000 donation to the Ministry of Health Training department as part of the Bank’s ongoing commitment to social corporate responsibly and community care. Chief Human Resources Officer, Dana Buheji, presented the cheque to the Health Minister Faeqa bint Saeed Al Saleh, at the Ministry Juffair headquarters. Also present at the donation from the Bank were Nasser Mohamed Nasser, Secretary to the Board of National Bank of Bahrain and Hisham Abu Alfateh, Head of Corporate Communications.

Al Watani savings, the path-breaking savings scheme from NBB that rewards customers for saving money, ushered in the New Year as usual with the announcement of the final three Mega Prizes winners for 2017. The much anticipated luxury villa prize at prestigious Riffa Views went to Moahmed Ahmed Haji while 2 Kgs Gold were won by Mustafa Abdulla Ali and Jaffar Madan Ali, 1 KG each. The prizes were awarded in a glittering ceremony held in the Bank’s premises in Manama and attended by NBB’s CEO, Mr. Jean Christophe Durand, the Bank’s Chief Executive – Retail, Commercial & SMEs, Mr. Abdul Aziz Al Ahmed, members of the senior management and the media.

Board proposes dividend of 35 % (25 % cash & 10 % stock)
Manama, January 29, 2018 -- National Bank of Bahrain (NBB) reported strong financial results and growth for the financial year ended 31 December 2017 with record Net Profit of BD 61.01 million (US$ 162.25 million), an increase of 4.8%, compared to BD 58.24 million (US$ 154.88 million). For the fourth quarter of the year, the Bank recorded a Net Profit of BD 11.58 million (US$ 30.80 million) compared to BD 12.03 million (US$ 31.99 million) for the corresponding period in 2016. Earnings Per Share (EPS) for the year also improved to 48.4 fils for 2017 from 46.3 fils in 2016 reflecting the Bank’s enhanced performance and continued effective cost management. These results, which were reviewed and approved by the Bank’s Board of Directors on 29 January 2018, saw the Board recommend a 2017 dividend of 35 % (25 % cash dividend and 10 % stock dividend).