The bank achieved $2.8 million in H1-16 net profit - (Photo Credit: Arabianeye-Reuters)
BMB
BMB
-14.00%
0.04
-0.01
BMB
Mubasher: Bahrain Middle East Bank (BMB) recorded a 26.5% decline in profits in the second quarter of 2016, to $1.33 million (BHD 501,500), down from $1.81 million (BHD 682,500) in the same period last year.
The bank achieved a net profit of $2.8 million in the first half of the year, compared to $3.2 million in H1-15, according to a bourse filing issued on Sunday.
Source:
Mubasher