ASBB was incorporated on 19 January 2006 in the Kingdom of Bahrain with a paid-up capital of BD 120 million (USD 318 million). The Bank operates under Islamic principles in accordance with regulatory requirements for Islamic banks set by the Central Bank of Bahrain. The Bank is equally committed to its role as a concerned corporate citizen, actively seeking ways to contribute and add value to the social and economic well-being of the local communities in which it invests and operates.
Support to Higher Education
The Bank supports higher education by providing internships and grants.
Type of Support
Grants
ASBB provides grants to universities. The grants range from USD 30,000 to USD 100,000. ASBB normally sponsors local universities, i.e. Bahrain University, in the form of establishing learning events and sponsoring conferences.
Internship
ASBB announced the launch of its summer internship program in 2006. Since then more than 100 students have benefited from the program.
Duration of Support
Grants
N/A
Internship
2 months
Eligibility Criteria
Grants
N/A
Internship
Applicants should be Bahraini final year university students.
Application Procedures
Grants
N/A
Internship
● A formal letter must be submitted initially.
● An updated resume including previous internship experience (if available).
● Attend bank interview.
● Other documents are requested upon approval of application.
Deadlines
Grants
N/A
Internship
Applications are accepted all year round.
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