BFC Group

BFC Group Holdings was set up in January 2009, when the Islamic Financial Services Group - Bank Alkhair B.S.C (c) (formerly known as Unicorn Investment Bank), successfully completed its acquisition of a significant stake in Bahrain Financing Company (BFC). The acquisition also included Bahrain Exchange Company in Kuwait and EzRemit Ltd (BFC Exchange) in the United Kingdom. Following this acquisition, BFC Group Holdings was established as the holding company for the three individual businesses.

BFC is a leading money transfer and foreign exchange company based in the GCC. Established in 1917, it was the very first foreign exchange firm in Bahrain and has a long-established, well-trusted reputation for always moving money smartly, efficiently, dependably and at the best rates available.

BFC specializes in fast, reliable money transfers through a variety of services including Draft and Telex, Swift transfers and instant money transfer services through its own proprietary offering EzRemit Money Transfer, and through an agency arrangement with MoneyGram. It has an extensive correspondent network that includes several prestigious international financial institutions. Through them BFC has a presence in over 100 countries.

In addition BFC Group maintains a network of over 50 strategically located branches throughout Bahrain - BFC (Bahrain Financing Company), Kuwait - BEC (Bahrain Exchange Company) Exchange WLL and EzRemit Ltd (BFC Exchange) in the UK.

BFC Group maintains its leadership by continually evolving to meet market demands and strives to gain recognition as a regional leader in the money transfer industry.

BFC Group is a Shariah-compliant group of companies.