National Bank of Bahrain (NBB) was set up in 1957 as the first indigenous bank in the kingdom. The company owns a wide network of 25 branches, 61 ATMs and over 4,000 points of sale terminals, in addition to branches in Abu Dhabi and KSA. The Manama-based lender reported a 14.6 percent year-on-year rise in its second quarter profit despite a rise in provisions for bad loans. Net income for the three months ending June 30, rose to BD19.6m ($52m).