Manama, Bahrain (14 August 2012): Bahrain Middle East Bank (B.S.C) today announced the results of its six month period ended 30 June, 2012 – with total income reaching US$ 6.1 million as compared to US$ 6.0 million in the same period 2011 amidst a challenging macro-economic market environment.
The results marked the tenth consecutive quarter of consistent since 2009 net positive earnings for the Bank, demonstrating the consistency and stability in its performance following a rigorous restructuring effort undertaken in 2009 and the successful roll-out of its multi-dimensional business model – one that features viability, sustainability, scalability and diversity in sources of income.