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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Gulf Finance House revamp paying off

Posted on 10 May 2010

From Gulf-daily-news.com: Restructuring at Gulf Finance House (GFH) has seen the Bahrain-based Islamic investment bank dramatically cut its losses.
The bank yesterday posted a net loss of $7.5 million for the first quarter, a remarkable improvement on the $607m loss for the final quarter of last year and an improvement on the $37.7m for the first quarter of last year………………………………………..Full Article: Source

 
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