12/03/2014

Gulf lays plans for local currency bond markets

Banks were able to channel abundant oil money into loans, rapid economic growth let companies fund their expansion through retained earnings, and big state-owned firms had easy access to international capital markets.

11/28/2014

GFH planning to increase bank stake

Bahrain's Gulf Finance House plans to increase its stake in Khaleeji Commercial Bank to gain majority ownership, its chairman was quoted as saying by a television channel yesterday.