BMB Investment Bank semi annual income up by 233% to US $12.8 Million

Manama, Bahrain (29 July 2007) – BMB Investment Bank (“BMB”) announced today its semi annual financial results for 2007 with a 233% increase in net income to US $12.8 million from US $3.8 million for the same period last year. The Bank’s operating income before expenses rose by 141% to US $20.5 million in the first half of 2007 from US $8.5 million for the same period last year.