26.03.2012 - Arcapita failure puts focus on Bahrain
Bahrain's banking sector has come under intense scrutiny after one of its flagship investment banks filed for bankruptcy protection. Arcapita Bank sought protection under Chapter 11 of the US Bankruptcy Code on Monday after it failed to secure agreement from its creditors on a US$ 1.1 billion (Dh4.04bn) debt facility that was due to mature this month...............................................Full Article: Source
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