Bahrain-based Gulf Finance House (GFH) is seeking further capitalization of the bank by issuing equity linked convertible murabahas or similar instruments to raise up to $300 million. The GFH board has resolved, subject to relevant regulatory and

Bahrain's Gulf Finance House (GFH) has hired Deutsche Bank AG as a consultant to help in its restructuring plan, mainly for the investment firm's $300 million capital increase plan. 'The bank has hired an international adviser to assist in restructuring

Bahrain-based Gulf Finance House (GFH), which reported a half-yearly total income of $25.9 million, is treading on the right path of recovery, a senior official at the bank said. "Our half year results demonstrate the progress GFH has made in taking good

Gulf Finance House EC said its first-half loss narrowed after it cut costs and liabilities as the Bahrain-based investment bank restructures its business. The loss was $47.7 million after $92.1 million in the year- earlier period, the Manama-based bank

Bahrain's Gulf Finance House (GFH) has struck a deal with lenders to roll over a $100 million loan maturing on Tuesday by two years, two banking sources said. "There was a deal and documentation has been exchanged," said one banker familiar with the

Gulf Finance has launched a product which allows consumers to unlock equity in their home and finance payments up to 30 years. The product is aimed at consumers seeking capital through financing their home for a variety of purposes including, but not