08.06.2012 - Gulf Finance House restructuring continues
Recent press reports suggest Islamic investment bank Gulf Finance House is continuing to restructure its balance sheet. Bahrain-based bank had received approval to use reserves to write-off $31.26 million of accumulated losses. Last month Gulf Finance House (GFH) said creditors hold $110 million in GFH Sukuk had agreed to extend repayments over six years...............................................Full Article: Source
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