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Bahraini banks start to feel downturn

Posted on 03 March 2010

From Thenational.ae: Bahrain’s financial services sector has remained in good health despite the global downturn, but government officials are monitoring local companies closely after big losses at several banks and investment houses, a government official says.

The financial services sector, which accounts for about 27 per cent of economic activity in the nation, recently began to show signs of stress after two large investment companies announced significant losses in the final quarter of last year……………………………………….Full Article: Source

 
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