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Islamic Finance Briefing - Categorized | Banking, Performance more

GFH suffers $7.5mln loss in Q1

Posted on 10 May 2010

From Arabnews.com: Bahrain-based Gulf Finance House (GFH), which reported a net loss of $607 million in 2009, on Sunday said that the bank had incurred a net loss of $7.5 million for the first quarter of 2010 compared to a loss of $37.7 million for the March 2009.
GFH’s total income for the first quarter 2010 was $18.5 million compared to first quarter of 2009 total income of $49.5 million……………………………………….Full Article: Source

 
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