Suq Al Mal

The Financial Sector in the GCC

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Showing posts with label AlFawares. Show all posts
Showing posts with label AlFawares. Show all posts
Wednesday, 14 April 2021

BCDR Issued USD 4.1 Million Judgment in Favor of Bahrain Middle East Bank ("BMB") Against Former Shareholders

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A First Step But Still a Long Way to Go 8 April BMB announced (somewhat belatedly) that on 1 February the BCDR had issued a judgment in its...
Wednesday, 29 July 2020

BMB Launches Suit Against Related Parties to Recover US$ 6.6 Million

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Last Monday Bahrain Middle East Bank (BMB) confirmed the accuracy of  Al Ayam newspaper  report that the bank had instituted legal proc...
Wednesday, 29 January 2020

Bahrain Middle East Bank - Fatally Wounded Barring an Unlikely Miracle

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Bring Out Your Dead.  And Your Near Dead Too. Since last July ever so often I would check to see if there was anything new on The Curio...
Friday, 19 July 2019

The Curious Case of Bahrain Middle East Bank (BMB) Bahrain

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Perhaps Somewhat Less Currently Read the update here .  Massive losses at BMB, the bank is likely fatally wounded barring a miracle.  ...
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