BMI 06 February 2007...  BMI inaugurated its fourth full-service branch today at an official opening ceremony conducted by Yousif Hasan Yousif, Director Retail Banking and Supervision Directorate at the Central Bank of Bahrain in the presence of Sheikh AbdulMalik bin Abdullah Al Khalili, Chairman of BMI, and Abbas Al Derazi, General Manager of BMI, as well as other bank officials, guests and media.

The new branch, located at Budaiya road, will be the first of BMI’s branches to operate on Saturdays for its customers.

Mr. Yousif Hasan Yousif said:

“We are delighted with the opening of BMI’s full service branch in Budaiya and will continue to extend our full support to the bank’s future endeavours. This new branch is a reflection of Bahrain’s prudent regulatory environment which promotes the continued growth and development of the banking and financial sector.”

Sheikh AbdulMalik bin Abdullah Al Khalili, Chairman of BMI said:

“Today we celebrate another milestone with the launch of our latest branch, as this - along with our ATM network – expands our retail banking offer in the Kingdom in line with our business strategy. It is also another step towards fulfilling our vision of ensuring that BMI is a dynamic organization where customer service is a top priority.

The Budaiya branch is BMI’s fourth branch in the Kingdom. Customers can take advantage of the bank’s services Saturday through Wednesday from 7:30 a.m. to 1:00 p.m., and 4:00pm to 6:00pm. In addition, cash withdrawals as well as deposits, fund transfers and a host of other new services are also available 24 hours a day through an ATM machine, which complements the latest branch.

Abbas Al Derazi General Manager of BMI said:

“As a customer centric bank, BMI is committed to deliver the highest levels of quality products and services and the opening of this branch further demonstrates our commitment to getting closer to our customers. 2007 is a big year for BMI. Our consolidation effort within Bahrain is well on track and we are close to announcing the market launch of our extended offsite ATM network with state-of-the-art enhancements and features, as well as our launch of Internet banking services. These activities will further strengthen our growing brand as part of the strategy we set forth for the year.”

The new branch offers a full array of banking services where customers can take advantage of a comprehensive range of personal financial solutions. These have been customised and developed by the bank with flexibility in mind based on an in-depth understanding of customer needs. The result is innovative, high quality products and services backed by a team of professional banking staff who provide personal, helpful and responsive customer services. The ATM at the branch offers a unique online cash deposit feature that instantly credits the amount to the customers account. The range of retail banking products and services includes deposit products, saving accounts, loan facilities, credit cards, Al Mazyona Saving Certificates, remittance services and overdraft facilities, amongst others.