Press Releases

12 May 2010

BMB Enters New Era: Reports Profit of USD1.7million for First Quarter 2010

Manama, Bahrain (12 May 2010) – Bahrain Middle East Bank today announced its first quarter results for the period ended 31st March 2010 and key reporting features are as follows: –...
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1 March 2010

Despite significant losses recorded for the year US$ 33.5 million, the Bank ended the year with significant fair value gains of US$ 9.7 million

Manama, Bahrain (1 March 2010) – BMB Investment Bank (“BMB” or the “Bank”) today announced its full year results for the financial year end 31 December 2009, and discussed the success...
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11 November 2009

BMB Investment Bank continues its restructuring process and third quarter results show signs of improvement as the Bank’s private equity investments fair values increase

Manama, Bahrain (11 Nov 2009) – BMB Investment Bank (“BMB” or the “Bank”) discussed today the positive signs in the global economic environment and continues to be optimistic of the impact...
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11 November 2009

BMB Investment Bank reveals restructuring progress and semi annual results

Manama, Bahrain (12 Aug 2009) – BMB Investment Bank (“BMB” or the “Bank”) discussed today the ongoing effect of the global economic crisis and its continuing impact on the banking community....
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14 May 2009

BMB Investment Bank announces first quarter results

Manama, Bahrain (14 May 2009) – BMB Investment Bank (“BMB” or the “Bank”) announced today its 2009 first quarter results with a loss of US $5.7 million as compared to a...
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1 March 2009

BMB Investment Bank appoints new Chief Executive Officer

Manama, Bahrain (1 March 2009) – BMB Investment Bank (“BMB” or the “Bank”) announced today the appointment of Mr. Akbar Ali Habib as the Bank’s new Chief Executive Officer. Mr. Habib,...
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25 February 2009

BMB Investment Bank announces 2008 results – remains confident in strength of its franchise

Manama, Bahrain (25 February 2009) – BMB Investment Bank (“BMB” or the “Bank”) announced today its 2008 full year results with a loss of US $14.3 million as compared to a...
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27 November 2008

BMB Investment Bank Chief Executive to step down

Manama, Bahrain (27 November 2008) – BMB Investment Bank announced today the resignation of Mr. Albert Kittaneh, its Chief Executive for the past sixteen years effective 15 February, 2009. While Mr....
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26 October 2008

BMB Investment Bank announces third quarter results

Manama, Bahrain (26 October 2008) – BMB Investment Bank (“BMB” or the “Bank”) announced today its 2008 third quarter results with an operating income of US $5.8 million as compared to...
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3 August 2008

BMB Investment Bank semi annual income at US $4.2 million

Manama, Bahrain (3 August 2008) – BMB Investment Bank (“BMB” or the “Bank”) announced today its 2008 semi annual results with a net income of US $4.2 million as compared to...
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