Ebdaa for Microfinance - Bahrain
Ebdaa for Microfinance - Bahrain is a financial inclusion institution that is part of the network of the Arab Gulf Program for Development (AGFUND). Founded in 2009, it was established by HRH Prince Talal Bin Abdelaziz of Saudi Arabia with the aim of helping poor and limited income people to become part of the economic cycle.
It is one of the Banks for the Poor created by AGFUND, following the Watani Bank in Jordan and Al-Amal Bank in Yemen. Officially inaugurated in a grand event in Manama by HRH Princess Sabika Bint Ibrahim Al-Khalifa, the Princess of Bahrain, and HRH Prince Talal Bin Abdelaziz of Saudi Arabia, Ebdaa Bank focuses on implementing part of the Economic Vision of Bahrain 2030 by providing credit opportunities, insurance services, and capacity building services to the poor and limited income Bahrainis to help them improve their living standards and increase their overall families' income.
The institution operates in the industries of financial services, lending and investments, and banking. Through its mission, it aims to contribute to the economic development of Bahrain and the well-being of its citizens, aligning with the national vision for 2030. The absence of specific information concerning its headquarter and the latest investment makes it essential to consider future potential and expansion opportunities for Ebdaa for Microfinance - Bahrain.
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