27 April 2008
Manama, Bahrain (27 April 2008) – BMB Investment Bank (“BMB”) announced today its 2008 first quarter results with a net income of US $4.4 million, up a strong 344.4% from US $1.0 million in the first quarter of 2007. This robust performance results from a 175.3% increase in the Bank’s operating income before expenses from US $2.5 million at 31 March 2007 to US $6.8 million at 31 March 2008.