Licensed by the Central Bank of Bahrain as a Conventional Wholesale Bank since 1982, Bahrain Middle East Bank B.S.C. has been a pioneer in providing innovative banking services for over four decades operating from the Kingdom of Bahrain. At BMB, we combine international quality expertise with a detailed and practical understanding of the local and regional markets. BMB has adopted Basel III & IFRS 9 ahead of other jurisdictions, along with a sound Corporate Governance Framework.
We are dedicated to the utmost levels of transparency with our shareholders, partners and the entire industry. We aspire to being the first port of call for international businesses eyeing our region, and for local businesses seeking international partners.
We are committed and aim to provide superior, flexible and innovative banking services & products to cater all our clients, while maintaining a sharp focus on professionalism and integrity. We capitalize on our extensive worldwide and domestic knowledge to offer Conventional and Sharia Compliant services & products to satisfy all our clients’ needs. These services & products are presented through our main business lines, which are as follows:
- Trade Finance
- Treasury Services
- Institutional Banking
- Corporate Banking
- Private Banking
Details on the above business lines can be found on this link
The Share capital of the Bank is US$ 100 million. The Total Assets of the Bank stood at US$ 245.64 million as of 31 December 2017. Loans and Advances at year end 2017, totaled US$ 138.71 million. Return on Assets for 2017 was 2.7%. Return on Average Ordinary Shareholders Equity for 2017 was 10.1%. The Bank’s Basel III Capital Adequacy Ratio at 31 December 2017 stood at 36.3% compared with 23.8% at 31 December 2016, remaining well in excess of Central Bank of Bahrain minimum requirement of 12.5%.
As part of the many services the Bank offers, we specialize in providing Trade Finance services like Factoring i.e. receivables financing through discounting of invoices. Since 2012, we have financed over US$ 2.2 billion of commodity exports, primarily from Asia to over 50 major multi-national companies in Europe and the North America.
We are also focused on providing Asset Management Services and Custody & Administration Services, that will make Bahrain Middle East Bank B.S.C. your one-stop shop.