18 March 2013
Manama, Bahrain (18 March 2013) – Bahrain Middle East Bank (B.S.C) today announced the full repayment of a US$ 13.0 million debt obligation – inclusive of interest of US$ 1.4 million – as originally obtained by the Bank during 2003/2004 and later rescheduled by the present Management as part of its restructuring process in 2010/2011. The repayment takes total aggregate creditor obligations honored – post restructuring – to a staggering US$ 43.0 million
