$400 million To Be Distributed To Bahrain Middle East Bank (BMB) Investors

Bahrain-MapThe bank owns a fund which invests in various industry sectors and also US venture capital. The fund, BMB Technology and Communications Investment Company, is getting the dividend to its investors.

The Bank’s CEO, Mr. Akbar Habib said ‘We are pleased with being able to reciprocate to the trust and confidence placed by investors while the bank was experiencing severe external and internal challenges.’ He explained that ‘there have been several other initiatives taken in view of putting prerequisite controls in place to better enable the bank serve and safeguard client interest.’ In 2009 we devoted our efforts to surviving the economic crisis, so that this year we were able to reorganize the company. Next year we expect to  see new growth Akbar Habib said.