The Bahrain Association of Banks (BAB) was established by a Ministerial decree in 1979, and registered under the Central Bank of Bahrain in 2010. BAB brings together banking institutions of all sizes and charters in the Kingdom of Bahrain and works towards enhancing Bahrain’s image as the financial hub of the Middle East. Collectively providing the full range of financial services, Bahrain banks represent US$ 191.5 billion in total assets and employ over 14,000 men and women and contributes 16.7% towards Bahrain’s $32.8 billion GDP. The mission of the Bahrain Association of Banks is to serve its members by representing and advocating the interests of the Kingdom’s banks and showcasing them as pre-eminent providers of financial services in the region. Working closely with the Central Bank of Bahrain, BAB assists it with formulating banking policy and regulation. The Association provides an open forum where banks can come together to collectively discuss and solve their shared problems. BAB is also actively engaged in promoting banking conferences, exhibitions and seminars that bring overseas banking delegations to Bahrain and create business opportunities for all members.