BMB cumulative distribution to investors reaches $20.7m
- Bahrain: Sunday, January 06 - 2013 at 16:43
- PRESS RELEASE
Bahrain Middle East Bank (B.S.C) announced the distribution of $1.46m to its investors across various investment holdings for the quarter ending 31 December 2012 - thereby taking aggregate total distributed since new Management take-over in 2009 to $20.7m.
He added, "At present, the bank has been transformed to encompass multiple-line business platform that has achieved remarkable success as evident by its consistent and sustained net positive operating performance over the last three years. This has been duly recognized by Fitch who recently upgraded BMB's Outlook to Positive - which puts the Bank at its highest ever rating in its history. Therefore, we now look to the future with a great degree of confidence and optimism."
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