| 11.08.2009 - Gulf Finance House Q2 loss on placement slump |
| From Reuters: Bahrain-based Gulf Finance House missed a forecast with its third consecutive quarterly loss due to provisions and a slump in income from investment placements. Islamic investment bank GFH said net loss in the second quarter was $54 million, compared with a net profit of $104 million a year ago. Analysts at SICO investment bank expected a quarterly net loss of $30 million in a Reuters survey in July...........Full Article: Source |