Overview of 2020
In a year dominated by the global COVID-19 pandemic, Bank of Bahrain and Kuwait (BBK) focused on three principles: the safety and well-being of our employees and customers, maintaining a stable financial position for our shareholders, and supporting the communities in which we operate – enabling a sustainable future for all stakeholders.
Despite the challenges faced throughout 2020, the Bank moved forward with the stated focus on digitalization and technology, the second year of our 2019-2021 strategic cycle. Two ground-breaking FinTech projects were successfully launched: the state-of-the-art BBKPLUS digital branch in the heart of Bahrain, and the BBKPLUS mobile app.
Against a backdrop of the deepest global health and economic crisis in over a century, the Bank produced a satisfactory financial performance. This is testimony to the swift and prudent actions taken by BBK’s leadership at the height of the pandemic.
As we enter 2021, the foundations of our business remain strong and the Bank is well positioned to continue its transformation into the region’s leading digital financial institution.