Acquiring Company
Al Ansari Financial Services
Acquired Company
Bahrain Financing Company (BFC)
Abu Dhabi
ManamaFinancial ServicesFinanceFinancial ServicesFinanceFintechDescription
Al Ansari Financial Services PJSC has completed its acquisition of BFC Group Holdings for USD 200 million. This acquisition expands AAFS's presence in Bahrain, Kuwait, and India, increasing its customer base by 29%. The transaction positions AAFS as the largest non-banking financial institution in the GCC region, enhancing operational scale and market dominance.
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Who to call at Al Ansari Financial Services, and when
When Al Ansari Financial Services changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Al Ansari Financial Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Al Ansari Financial Services, from your own LinkedIn network
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Frequently asked
Who acquired Bahrain Financing Company (BFC)?
Bahrain Financing Company (BFC) was acquired by Al Ansari Financial Services, based in Abu Dhabi. The deal was reported on April 10, 2025. Al Ansari Financial Services is a leading integrated financial services group in the UAE. Al Ansari Financial Services is privately held and operates in Financial Services.
When did Al Ansari Financial Services acquire Bahrain Financing Company (BFC)?
Al Ansari Financial Services's acquisition of Bahrain Financing Company (BFC) was reported on April 10, 2025. Al Ansari Financial Services PJSC has completed its acquisition of BFC Group Holdings for USD 200 million. This acquisition expands AAFS's presence in Bahrain, Kuwait, and India, increasing its customer base by 29%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bahrain Financing Company (BFC) do?
Bahrain Financing Company (BFC) is the leading money transfer and foreign exchange company in the Kingdom of Bahrain. Established in 1917, BFC has been providing foreign exchange and remittance services for over 100 years. It is privately held, operating in Financial Services, and is based in Manama.
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