Bahraini retail and commercial banking institution BMI Bank has signed a deal with Muharraq Sports Club and Mastercard, to launch an exclusive co-branded credit card.
Muharraq SC, founded in 1928, has a rich history of sport victo
Bahraini retail and commercial bank BMI has reported a net profit of BD0.88 million ($2.34 million) for the first nine months, up 141 per cent compared to a net profit of $1 million last year.
The bank recorded a net profit
Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and differentiated Islamic bank, to merge the two entities through a share swap deal.
BMI Bank, a Bahraini financial institution, has launched a new mobile banking service, which will enable customers to carry out most of their regular banking transactions using their smartphones.
Customers logging into mBanking wi
British Airways is set to increase its schedule to Marrakech from daily to 10 flights a week and a third weekly service to Agadir, Morocco from October.
The services will increase to Marrakech from October 28, while the third flig
Bahrain-based BMI Bank has reported a net profit of $900,000 for the first quarter of this year, an increase of 125 per cent as compared to a net profit of $400,000 over the corresponding period in 2012.
This was mainly due to imp
Bahraini retail and commercial banking institution BMI Bank has unveiled its premier service proposition, Prestige, catering to affluent individuals.
Prestige was launched at a dinner held at the Capital Club and was attended by s
Bahrain retail bank BMI has signed a key agreement with EMC Corporation, aimed at helping it to transform its IT infrastructure and thus improve storage performance, simplify system management and reduce operational expenditure.
Bahraini retail and commercial banking institution BMI Bank said it has posted its first annual profit in five years which hit $1.3 million for 2012 compared with a net loss of $9 million in 2011.
The bank's total income
Bahraini retail and commercial banking institution BMI Bank registered a net profit of $1 million for the first nine months, the lender's fifth quarterly profit in a row, as it showed signs of its strength in the kingdom.