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GFH reports 21% drop in Q3 net profit as impairment charges climb

GFH Financial Group, a Bahrain-based investment bank, reported a 21 per cent drop in its third-quarter net income as funding cost and impairments charges climbed. Net profit attributable to the shareholders of the bank in the three months to the end of September declined to $24.4 million (Dh89.5m), GFH said…

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