Thursday 29, October 2009 by

BMI has announced a net profit of $2.49 million for Q3 2009

Bahrain-based MBI Bank, an associate of BankMuscat has announced a net profit of $2.49 million for the three months ended 30 September 2009, an increase of eight per cent as compared to the $2.31 million (BD 0.87 million) reported over the corresponding period last year. Net interest income for the period was $10.59 million. The net loss for the nine month period ended September 2009 was $12.29 million (BD 4.63 million).

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