Mubasher TV
Contact Us Advertising   العربية

Bahrain's BMB profits down 27% in Q2

Bahrain's BMB profits down 27% in Q2
The bank achieved $2.8 million in H1-16 net profit - (Photo Credit: Arabianeye-Reuters)
BMB
BMB
-14.00% 0.04 -0.01

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.