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Islamic Finance Briefing - Categorized | Banking, Performance more

BMI Bank posts $28mln loss for Q3

Posted on 15 October 2010

From Tradearabia.com: Bahraini retail and commercial banking institution, BMI Bank, has posted a loss after provisions of BD10.6 million ($28.11 million) for the third quarter of 2010 as against a profit of BD939,000 for the same period last year.
For the nine month period ended September, the bank has posted a net loss of BD18.5 million, as compared to a loss of BD4.6 million during the corresponding period in 2009……………………………………….Full Article: Source

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