From Tradearabia.com: Bahrain’s central bank urged creditors of The International Banking Corporation (TICB) to meet over debt restructuring, two days after S&P said TIBC had chosen not to pay back some of its debt and downgraded it.

The Central Bank of Bahrain (CBB) said in a statement that it had requested that the Bahrain-based wholesale bank convene a meeting of its creditors “as a matter of urgency”…….Full Article: Source