BNH has reported record results for 2007

Bahrain National Holding (BNH) has reported record results for 2007 with a gross premium volume of 27.5 million BHD (72.9 million USD). Net premiums have amounted to 12,.16 million BHD (32.2 million USD), that is, a 21,4% increase in comparison with 2006. Reporting an 11.6% rise, the net profit grew from 4.72 million BHD (12.5 million USD) in 2006 to 5.28 million BHD (14 million USD) in 2007. The disbursed dividend is equal to 20% of the company's paid-up capital.
The board of directors has decided to raise by up to 5 million BHD (13.2 million USD) the capital of Bahrain National Life (BNL), a subsidiary of Bahrain National.