Bahrain Open Banking

Bahrain Open Banking Framework

ActiveOpen BankingMiddle East
Bahrain • Regulated by Central Bank of Bahrain (CBB)
📅
Effective Date
Jun 2020
Full Compliance
Dec 2021
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Regulator
Central Bank of Bahrain
CBB
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Scope Areas
2

Overview

Bahrain was the first MENA country to implement Open Banking regulations. The framework requires banks to provide APIs for account information and payment initiation to licensed TPPs.

Note: Regional pioneer. Bahrain FinTech Bay supports ecosystem development.

Jurisdiction

Bahrain
View Open Banking providers and TPPs in Bahrain

Scope & Coverage

This regulation covers the following areas and services:

AISPIS

Key Requirements

CBB licensing for TPPs
API standards compliance
Strong authentication
Consumer protection

Timeline

Effective Since
June 1, 2020
Full Compliance Deadline
December 1, 2021

Official Resources

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