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Monday, November 30 - 2009

Bahrain banks covered against Saad, Algosaibi impact

  • Bahrain: Sunday, October 18 - 2009 at 11:33

Bahrain's central bank governor has said that the kingdom's banks are well covered against the impact of debt troubles at Saudi conglomerates Saad Group and Ahmad Hamad Algosaibi & Brothers, Reuters has reported. 'As far as we're concerned we're happy. Banks are well-covered and there's nothing to worry about,' Rasheed al-Maraj said

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