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Showing posts with label Bahrain. Show all posts
Showing posts with label Bahrain. Show all posts
Friday, 26 March 2021

Bahrain Middle East Bank - 2020 Financials and 1Q2021 Financials Still in "Limbo"

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24 March BMB announced that no date had been set by its Board of Directors to review and approve the bank’s financial statements for the pe...
Friday, 20 November 2020

GFH Bahrain - Less to 3Q2020 Reported Income than Meets the Eye

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For the first nine months of 2020, GFH reported net income of roughly USD 30.3 million down roughly 50% from the comparable period last year...
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Sunday, 25 October 2020

The Even More Curious Case of Bahrain Middle East Bank - Who Owns the Bank?

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Another curiosity regarding BMB. According to the information at the Bahrain Bourse , BMB has two major shareholders: AN Investment WLL Bahr...
Monday, 19 October 2020

BMB Wins Judgment in BCDR: Financial Impact, if any, Likely to be Negligible

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A First Step May be Important Even if It is Small 11 October BMB announced that the Bahrain Chamber for Dispute Resolution (BCDR) had ruled...
Wednesday, 15 April 2020

Bahrain Middle East Bank - Successful AGM, No EGM = Future Remains Bleak

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At the Third AGM, a Quorum Can Be Rather Small BMB “successfully” held its FY 2019 AGM on 9 April after two previous unsuccessful tri...
Wednesday, 18 March 2020

Bahrain Middle East Bank - Apparent Way Forward to Hold EGM

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A while back I wrote that it was highly likely that ANI (BMB's Turkish-owned) major shareholder would not attend Extraordinary Gene...
Wednesday, 12 February 2020

Goldilocks and the 3 Bears - A Financial Fairy Tale - Part 1 GFH

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Only One Bear Had the Right Meal for Goldilocks In an earlier post I noted that the disappointing FY 2019 performance of the Goldi...