Central Bank of Bahrain
The Central Bank of Bahrain (CBB) is the central bank of Bahrain. It is a public corporate entity that was established by the Central Bank of Bahrain and Financial Institutions Law 2006. on 6 September 2006.
| Headquarters | Manama, Bahrain |
|---|---|
| Established | 6 September 2006 |
| Ownership | 100% state ownership |
| Key people | Rasheed Mohammed Al Maraj, Governor |
| Central bank of | Bahrain |
| Currency | Bahraini dinar BHD (ISO 4217) |
| Reserves | $3.2 billion |
| Preceded by | Bahrain Monetary Agency |
| Website | http://www.cbb.gov.bh |
Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law established the Central Bank of Bahrain in place of the Bahrain Monetary Agency. The Bank is located in the Diplomatic Area of Manama, in Bahrain.
Its responsibilities include, implement monetary policy, supervise and regulate the banking sector, acting as the government's fiscal agent, encouraging the growth of Bahrain as a major international financial centre, and to manage the foreign currency, cash and gold reserves of the Kingdom.