Monday 18 June 2018
 
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Bahrain Middle East Bank

Bahrain Middle East Bank partners with ICIEC

Bahrain 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

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BMB repays $13 million debt

Bahrain 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

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BMB distributes $1.46m to investors

Bahrain 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

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BMB 9-month net income surges 61pc

Bahrain 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

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BMB Q1 net income reaches $1.7m

Bahrain 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

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Bahrain ME Bank registers $3.7m profit

Bahrain 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

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BMB allocates $60,000 for fund investors

Bahrain 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.

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Orion Partners to sponsor BMB fund

Hong 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.

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BMB distributes $0.5m bonus to investors

Bahrain 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

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BMB first half income up 150pc, hits $6m

Bahrain 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

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