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BMI Bank-Al Salam boards back mergerThe boards of BMI Bank and Al Salam Bank Bahrain have reached an in-principle agreement to proceed with discussions for a merger, which will create the third largest bank in the kingdom, said a joint statement by the banks. BMI Ba More… |
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BMI Bank rolls out co-branded credit cardBahrain-based BMI Bank has announced the launch of its second co-branded credit card product in partnership with Diners Club. Customers who pay for purchases with the card stand an opportunity to win cash prizes on the bank’ More… |
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BMI to support Bahrain Euromoney eventBahraini retail and commercial banking institution, BMI Bank, has announced its support towards the 2013 Euromoney Bahrain Conference as a strategic sponsor. The conference, organised by Euromoney in partnership with the Bahrain E More… |
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BMI, Majaal ink $13.1m financing dealBahrain-based BMI Bank has signed a BD5 million ($13.1 million) financing agreement with Majaal Warehouse Company (Majaal), a warehousing and industrial facilities provider, for small to medium-sized enterprises (SME’s) in Bahrain. More… |
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BMI Bank upgrades e-banking serviceBahrain-based BMI Bank has launched an upgraded e-banking service for its retail customers, including its credit card holders. The upgraded Internet facility will enable customers to register for the service online, according to a More… |
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BMI names Dec grand prize winnerBahraini retail and commercial banking institute, BMI Bank, has announced the winner of its Ayadi December grand prize draw, rewarding Bahraini business man Mohammed Murtadha with $250,000. This month, Ayadi Savings Scheme awarded More… |
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BMI Bank opens new branch in BahrainBahrain-based BMI Bank, a leading retail and commercial banking institution, has opened a new branch and ATM facility in the Tubli area of the kingdom. "We had a very small branch here but it wasn't serving our customers More… |
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Change of mindset among SMEs neededCautious optimism tempered with plenty of pragmatism - that is the mood that prevails among many in Bahrain's business community today. However, while few know exactly where the country’s economy is heading right now, More… |
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BMI named financial advisor for Bahrain airBahrain-based BMI Bank has signed on as the exclusive financial advisor and arranger by Bahrain Air, the first privately owned national carrier of Bahrain for the airline’s proposed capital increase. The agreement was signed More… |
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Consolidation 'vital for Bahrain banks'The future of the Bahrain's financial sector lies in consolidation and mergers as there are too many banks in the Kingdom, of which many are too small to survive on their own, said Jamal Al Hazeem, the chief executive of BMI Bank, which has More… |
