BMI Bank move headquarters to Bahrain World Trade Center

Notes and media contacts

About Bahrain World Trade Center
Situated on the Manama waterfront and in the heart of the region's leading financial and business hub, the Bahrain World Trade Center (BWTC) project comprises the two 50-storey sail shaped twin office towers, the five-star Sheraton Hotel as well as MODA Mall, Bahrain's only ultra high-end shopping destination, featuring some 160 luxury retail outlets as well as a host of modern cafes and exciting fine dining eateries.
The BWTC provides leading regional and international organizations with a world-class business address. The buildings are highly advanced in design and operation and are the Kingdom's first intelligent offices, employing the latest SMART systems capable of delivering unsurpassed security and maximum competitive advantages and efficiency in office management. In addition, they are the first of their kind in the world, using wind energy to provide 11 - 15% of the electricity needs of the office towers.

Other benefits enjoyed by local and international businesses occupying space at the development is membership to the World Trade Centers Association (WTCA). Locating at the BWTC offers an exceptional opportunity for connectivity with the global business community. With more than 300 centers in 100 countries, WTCA has a membership of approximately 750,000 commercial enterprises worldwide.

For further information on BWTC, please contact:
Julia Atherton-Dandy; Tel: +973 17533532

About BMI Bank B.S.C. (c)
BMI, an associate of BankMuscat the largest financial services provider in Oman today, is a Retail Bank, registered in Bahrain and regulated by the Central Bank of Bahrain offering a full range of retail and commercial banking services. BMI Bank operates in Bahrain through a network of 8 branches and 25 ATMs with net banking for easy access to services. The online platforms offered by BMI were recently awarded the prestigious Bahrain e-Content Award 2009 in the e-Banking category, recognizing ease of use of its comprehensive e-banking services in a safe and secure environment in which to conduct personal and business transactions.

BMI also operates an Offshore Bank in the Seychelles, a branch in Qatar and has a 21.33% shareholding in Gulf African Bank in Kenya. BMI owns the Diners Club Services Bahrain W.L.L and operates the Diners Club cards franchise in Bahrain, Syria and Yemen. BMI's shareholders include some of the strongest and most respected financial institutions across the GCC, including BankMuscat. BMI, rated as Investment Grade, maintains total equity (share capital and reserves) of USD 341 million, and has a Capital Adequacy ratio of 20%

BMI currently offers its customers a range of retail products and services including savings and current accounts, Al Mazyona saving certificates, Sapphire, its Premier Banking service, credit cards including Diners Club and La Carte, a co-branded credit card in partnership with Geant Hypermarket Bahrain, consumer and vehicle loans, mortgages and fixed deposits. In addition to Retail Banking, BMI offers full SME Banking, Premier Banking, Private Banking, Corporate Banking, Islamic Financial Services, and Treasury services.

For further information on BMI, please contact:
Gordon Andrade, Tel 17133537