| 16 Mar 2010 |
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Diners Club International MD visits Bahrain
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Manama, Bahrain 16 March 2010: Diners Club Bahrain, a subsidiary of Bahrain based BMI Bank (BMI), recently hosted Matt Sloan, Managing Director of Diners Club International EMEA and Graham Gertz-Rombach, the retiring Managing Director of Diners Club International EMEA, at their corporate offices at the Bahrain World Trade Center.
The officials met with the senior management team of Diners Club Bahrain as well as Andrew Bainbridge the Chief Executive Officer of BMI and reviewed strategies to better serve the Bahraini market. This included exploring options to enhance current products and services offered to corporate and personal cardholders alike, as well as improving the acceptance of Diner Club cards within Bahrain.
Andrew Bainbridge, Chief Executive officer of BMI said:
"We were delighted to meet the new Managing Director of Diners Club International EMEA. This visit demonstrates their commitment towards us as their partners and was a forum to review the performance of Diners Club Bahrain as well as discuss the strategy for 2010 and beyond. Matt outlined their global strategy and initiatives to strengthen and grow the Diners Club franchise.
BMI has been able to add value to Diners Club through its market-leading card business expertise, management, distribution and service channels. We have one of the fastest growing credit card businesses in the Kingdom today supported by a network of 8 branches and 26 ATMs as well as an award winning e-banking service that enables customers to conduct their personal and business transactions in a safe and secure environment. We would like to take this opportunity to thank Graham for his contribution to Diners Club Bahrain and wish him our very best."
Diners Club, a premium brand card issuing and acquiring business, currently services local merchants as well as affluent customers and Corporates residing in Bahrain. Key benefits include:
- access to over 140 airport lounges worldwide
- accolades rewards program, redeem points for air miles, gifts or cashback
- option of 1% cash back on all local purchases with the accolades reward program
- low interest rate & APR
- Over 650,000 ATM and cash locations in over 100 countries around the world
- free travel insurance (up to US 300,000 worth of cover)
- Free Gold membership to Regus Business World for two years with unlimited access to 1000 business lounges featuring high-speed internet, in 450 cities in the world
-Ends-
About BMI Bank B.S.C. (c)
BMI, an associate of BankMuscat the largest financial services provider in Oman today, is a retail bank, registered in Bahrain and regulated by the Central Bank of Bahrain offering 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.
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.
For further information, please contact:
Gordon Andrade
Head, Corporate Communications
BMI Bank - Bahrain
E-mail: gordona@bmi.com.bh
Cell: +97339782225
© Press Release 2010
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