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Islamic Finance Briefing - Categorized | Banking, Performance more

Outlook stays negative for Bahrain banking: Moody’s

Posted on 06 August 2010

From Tradearabia.com: The outlook for Bahrain”s banking system remains negative, reflecting expectations that challenging credit and business conditions will continue over the medium term, says Moody’s Investors Service.
These expectations are based on the continued weakness in Bahraini and regional real estate and the impact it is having on the rest of the economy, despite the modest rebound in the economy in 2010, Moody’s said in its new Banking System Outlook on Bahrain……………………………………….Full Article: Source

 
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