Thursday 30 October 2014
 
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Bahrain Middle East Bank

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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BMB distributes $2.6m to investors

Bahrain Middle East Bank (BMB) has announced the distribution of $2.6 million to its investors for the second quarter of the year, taking the total distribution for 2011 so far to $5.8 million. 'The distribution marks yet another step

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