| 22.10.2009 - Bad loans push Bahrain Islamic Bank into Q3 losses |
| From Reuters: Increased provisioning for bad loans and a decline in income from investments have led Bahrain Islamic Bank into a quarterly loss. Bahrain's biggest Islamic retail bank by market value said on Wednesday provisions for impairments in the third quarter increased more than threefold to 2 million Bahraini dinars ($5.31 million) from 600,000 dinars in the same period last year........................Full Article: Source |