30.11.2009 - Bahrain-based Gulf Finance House lowered to 'BB+/B' on weakened stand-alone credit profile
From Albawaba.com: The operating environment for Gulf-based investment banks continues to be unsupportive, weighing substantially on earnings and prompting revisions of business models. We are lowering our counterparty credit ratings on GFH to 'BB+/B' from 'BBB-/A-3'................................Full Article: Source
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