Bahrain Middle East Bank

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,...

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...

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....

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...

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...

27 April 2008

BMB Investment Bank first quarter net income up 344.4% to US $4.4 million

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...

29 March 2008

BMB Investment Bank to increase capital

Manama, Bahrain (29 March 2008) – BMB Investment Bank (“BMB” or the “Bank”) announced today its intention to increase its paid-up capital by US $75 million which the Bank plans to...

20 February 2008

BMB Investment Bank prepays syndicated loan

Manama, Bahrain (20 February 2008) – BMB Investment Bank (“BMB” or the “Bank”) announced today that it will complete the prepayment of the remaining balance on its US $75 million syndicated...

30 January 2008

BMB Investment Bank announces sale of headquarters building

Manama, Bahrain (30 January 2008) – BMB Investment Bank (“BMB” or the “Bank”) announced today the sale in December 2007 of its headquarters building in Manama, “BMB Centre”, for US $18...

27 October 2007

BMB Investment Bank nine month income up by 174.6% to US $16.2 million

Manama, Bahrain (27 October 2007) –BMB Investment Bank (“BMB”) announced today its third quarter results for 2007 with a net income of US $16.2 million for the first nine months...