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About BMI BANK BSC
Bahraini retail and commercial banking institution, BMI Bank is a retail bank, registered in Bahrain and regulated by the Central Bank of Bahrain. The Bank offers its customers a complete range of innovative and unique financial products and services through its extended network of 10 branches and 31 ATMs as at the end of the first half of 2013. The BankAos multi-award winning eChannels, including its corporate website www.bmibank.com.bh have been honored with various prestigious awards helping in consolidating both its position as well as perception within the country as a young tech savvy retail Bank. BMI Bank posted a net profit of USD 1.4 million for the first half of the year ended 30th June 2013, marking its eighth straight quarter of profit. The BankAos total assets stands at USD 2 billion whilst customer deposits stand at USD 1.5 billion with an excellent Capital Adequacy Ratio of over 17% and very strong liquidity as reported during the first half of 2013. The Bank recently announced that it had successfully repaid its three-year syndicated term loan of USD 80 million, six months ahead of its scheduled due date yet again demonstrating its excellent liquidity position.
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