Bahrain Development Bank and Tamkeen Finance Scheme

Bahrain Development Bank and Tamkeen Finance Scheme

The Finance Support Schemes launched by Tamkeen in partnership with Bahrain Development Bank provide enterprises and individuals with cost-effective financing solutions to grow and develop their businesses. This includes financing solutions that make it easier for businesses to achieve sustainability, diversify, expand their customer bases, and build a solid foundation for future development.

The minimum amount is BHD5,000 and 50% of the profit is subsidized by Tamkeen.

This is usually used to finance a specific asset, such as plant or machinery, or working capital loans with a comfortable repayment and grace period for sectors like Agribusiness, Manufacturing, ICT, Private Education, Healthcare, Trading and Transportation.

Required Documents:

(Upon review of the documents, further documents might be required)

BHD5,000 – BHD29,000
  • Application form
  • Benefit form
  • Applicant CV
  • Smart Card copy & details
  • Passport copy
  • CR copy (if running business)
  • Memorandum and Articles of Association (if applicable)
  • 6 months Bank Statement of individual/entities
  • Latest paid electricity bill
  • Latest paid LMRA fees
  • Business plan / Feasibility study (if under formation)
  • In house Financials (Balance sheet, Income statement)
BHD29,000 and above
  • Application form
  • Benefit form
  • Applicant CV
  • Smart Card copy & details
  • Passport copy
  • CR copy (if running business)
  • Memorandum and Articles of Association (if applicable)
  • 6 months Bank Statement of individual/entities.
  • Latest paid electricity bill
  • Latest paid LMRA fees
  • Audited Financial Report

For further information, please visit: Bahrain Development Bank 

  • Source