BMB continues profitable momentum – reports total income of US$ 3.1 million

17 مايو 2011

Manama, Bahrain (May 2011): Bahrain Middle East Bank (B.S.C) today announced the results for its three month period ending 31 March 2011 and discussed the successes of its new initiatives and the near six fold increase in fee based income witnessed relative the same period in 2010. Broadly two third of the Bank’s income from business activities were derived from ‘non private equity sources’ during the period as compared to only one third in Q1-2010.