Bahrain Middle East Bank partners with ICIECBahrain Middle East Bank (BMB) has partnered with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a member of Jeddah-based IDB Group, to consolidate its trade financing activities. Bahrain Middle More… |
BMB repays $13 million debtBahrain Middle East Bank (BMB) yesterday announced the full repayment of a $13 million debt obligation - including interest of $1.4 million. The loan was originally obtained by the bank during 2003/2004 and later rescheduled by th More… |
BMB distributes $1.46m to investorsBahrain Middle East Bank (BMB) said it has distributed $1.46 million to its investors across various investment holdings for the quarter ending December 31, 2012 despite challenging and unfavourable market conditions. With this, t More… |
BMB 9-month net income surges 61pcBahrain Middle East Bank (BMB) has reported a 61 per cent growth in its net income for the first nine months which reached $1.8 million compared to $1.1 million last year. Announcing the results, the Bahraini bank said its total i More… |
BMB Q1 net income reaches $1.7mBahrain Middle East Bank (BMB) said it has registered a two-fold growth in its first quarter net income which hit $1.7 million compared to $0.9 million during the same period last year. Announcing the results, the Bahrain-based bank s More… |
Bahrain ME Bank registers $3.7m profitBahrain Middle East Bank saw income from new business initiatives grow by nearly two-fold to reach $5.7 million last year compared to $3 million in 2010. Operating costs continued to show consistent efficiency improvements, amounting to $6 More… |
BMB allocates $60,000 for fund investorsBahrain Middle East Bank (BMB) has announced distribution of $600,000 to its private equity fund investors for the quarter ending December 2011. This takes the aggregate distributed over the preceding five quarters to $12.2 million. More… |
Orion Partners to sponsor BMB fundHong Kong-based alternative asset management firm, Orion Partners, has entered into partnership with Bahrain Middle East Bank (BMB), to act as its sponsor for its new China-focused private equity fund to be formed in collaboration with Orion. More… |
BMB distributes $0.5m bonus to investorsBahrain Middle East Bank (BMB), a leading bank in the region, said it has distributed bonus worth $0.5 million to its investors for the third quarter despite the global market turmoil. This takes the aggregate distributed over the pr More… |
BMB first half income up 150pc, hits $6mBahrain Middle East Bank (BMB) has recorded an income of $6 million in the first half of 2011 against $2.4 million in the same period last year, marking a 150 per cent increase. The bank is continuing its journey to position itself as More… |