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Bahrain based BMI Bank B.S.C. (c) (BMI), an associate of BankMuscat the largest financial services provider in Oman today, was set up in January 2005 with a clear vision- to create an universal bank with a presence in selected emerging markets, differentiating itself through its focus on customers and market leading products and processes, in the process delivering top-quartile returns to our shareholders. BMI, is a Retail Bank, registered in Bahrain and regulated by the Central Bank of Bahrain and offers a full range of retail and commercial banking services
BMI Bank operates in Bahrain through a network of 8 branches and 26 ATMs with net banking for easy access to services. The online platforms offered by BMI were recently awarded the prestigious Bahrain e-Content Award 2009 in the e-Banking category, recognizing ease of use of its comprehensive e-banking services in a safe and secure environment in which to conduct personal and business transactions.
BMI also operates an Offshore Bank in the Seychelles, a branch in Qatar and has a 21.33% shareholding in Gulf African Bank in Kenya. BMI owns the Diners Club Services Bahrain W.L.L and operates the Diners Club cards franchise in Bahrain, Syria and Yemen. BMI’s shareholders include some of the strongest and most respected financial institutions across the GCC, including BankMuscat. BMI, rated as Investment Grade, maintains total equity (share capital and reserves) of USD 341 million, and has a Capital Adequacy ratio of 20%)
BMI currently offers its customers a range of retail products and services including savings and current accounts, Al Mazyona saving certificates, Sapphire, its Premier Banking service, credit cards including Diners Club and La Carte, a co-branded credit card in partnership with Geant Hypermarket Bahrain, consumer and vehicle loans, mortgages and fixed deposits. In addition to Retail Banking, BMI offers full SME Banking, Premier Banking, Private Banking, Corporate Banking, Islamic Financial Services, and Treasury services.
To create a universal bank with a presence in selected emerging markets, differentiating
itself through its focus on customers and market leading products and processes,
in the process delivering top-quartile returns to our shareholders.
At BMI we are committed as a team to meet and exceed our customers’ expectations by providing them with innovative and highest quality financial solutions both conventional and Islamic. We are empowered with a strong corporate culture, knowledge, skills
and the latest technology to meet our stakeholders’ expectations. We maintain our
integrity, creating and sharing trust and practicing ethical behavior.
We are empowered with a strong corporate culture, knowledge, skills and the latest
technology to meet our stakeholders’ expectations. We maintain our integrity, creating
and sharing trust and practicing ethical behavior.
We aim to make a difference in each market we enter and in everything we do.
Innovation, Inspiration, Teamwork & a Strong Corporate Culture
Integrity & Ethical Behavior, Customer Satisfaction, Quality & Excellence, Empowerment & Trust
Together we make a difference
Our “Investment Grade” rating awarded within our first year of operations positions
us amongst the top few in Bahrain. The ratings were a reflection of our profitable
profile, diversified revenue streams and strong support from our shareholders.
- Moody’s -Baa2 and Prime-2 long and short-term
- Capital Intelligence - BBB and A2 long and short-term
- Standard & Poor - BBB- and A3 long and short-term
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