Tue, Nov 25, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, Performance more

Gulf Finance House Q2 loss on placement slump

Posted on 11 August 2009

From Reuters: Bahrain-based Gulf Finance House missed a forecast with its third consecutive quarterly loss due to provisions and a slump in income from investment placements.

Islamic investment bank GFH said net loss in the second quarter was $54 million, compared with a net profit of $104 million a year ago. Analysts at SICO investment bank expected a quarterly net loss of $30 million in a Reuters survey in July………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930