The new $50m fund will be operated in parallel with the $250m Orion C Growth Fund (C Fund) focusing on three core elements: China, Consumers and “C-Partners” – a strategy of bringing together renowned industry …Read full article » Bahrain: Wednesday, November 16 - 2011 @ 16:52
The main highlights of the first quarter results are as follows:
Net profit for the three month period ended 31 March 2002 was US $3.0 million as compared to a net loss of US $11.8 million …
The facility, which matured in December 2002, has been in refinancing negotiations since September of 2002.
The refinancing now opens the way for BMB to proceed with two-year old plans to begin a capital increase …Read full article » Bahrain: Wednesday, December 15 - 2004 @ 11:41
Highlights of performance for the period included:
- Total income of $7.4m as compared to $7.0m in the same period 2011.
- Net profit of $1.8m as compared to $1.1m for the 9M-2011. Net income for the three month …Read full article » Bahrain: Wednesday, November 07 - 2012 @ 16:13
Meanwhile net income for the nine months ended 30 September 2006 stood at US $5.9 million as against US $9.6 million for the same period in 2005.
The Bank’s operating income, before taxes and other …Read full article » Bahrain: Monday, November 06 - 2006 @ 13:56
The Bank’s shares had been suspended from June 2004 due to the then pending capital re-organization plan.
The resumption of trading in the Bank’s shares marks the final step in the process of capital reorganization …Read full article » Bahrain: Sunday, September 04 - 2005 @ 14:09
After accounting for taxes and other items, net income for the first six months stood at
US $3.8 million.
Total shareholder equity increased by 23% from US $27.2 million at the end of 2005 to …Read full article » Bahrain: Sunday, August 06 - 2006 @ 13:27
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.
The Bank’s core business continues to play …Read full article » Bahrain: Sunday, July 29 - 2007 @ 13:36
A total of over US $35.5 million has been raised so far, representing 71% of the initial rights offering.
This first stage of capital raising, which saw on offer to the Bank’s existing shareholders 200,000,000 …Read full article » Bahrain: Monday, July 11 - 2005 @ 10:47
While the global financial markets meltdown continues to impact financial institutions across the world, the pace of the deterioration has slowed in the second quarter and the overall global economy is showing slow but encouraging …Read full article » Bahrain: Thursday, August 13 - 2009 @ 09:36