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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, Market Moves more

Bahrain’s GFH names Merrill, KPMG for capital hike

Posted on 12 August 2009

From Reuters: Islamic investment bank Gulf Finance House, which plans a capital increase of up to $300 million, on Tuesday named Merrill Lynch as advisors and KPMG as issue manager.

GFH announced last week it would boost its capital to strengthen its balance sheet after reporting three consecutive quarterly losses amid high provisions…………Full Article: Source

 
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