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Recent press reports suggest Islamic investment bank Gulf Finance House is continuing to restructure its balance sheet. Bahrain-based bank had received approval to use reserves to write-off $31.26 million of accumulated losses.
Last month Gulf Finance House (GFH) said creditors hold $110 million in GFH Sukuk had agreed to extend repayments over six years………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Market Moves more
Gulf Finance House restructuring continues
| Posted on 08 June 2012 |
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