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CBB warns Bahrain Islamic Bank

Posted on 22 July 2009

From Tradearabia.com: Bahrain’s central bank issued a formal warning to Bahrain Islamic Bank for not disclosing its quarterly net loss in a press release this month, it said in a letter to the bank published on Tuesday.

The central bank said it had ordered the lender to reissue its July 15 earnings release — which disclosed six month operating profits but not its second quarter net loss — but Bahrain Islamic had failed to comply with the order……..Full Article: Source

 
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