Bahrain Islamic Bank increases provisions for nine month period ended on 30th September, 2009
- Bahrain: Saturday, October 24 - 2009 at 10:42
- PRESS RELEASE
In a press release issued by Bahrain Islamic Bank on Tuesday, BIsB Board Chairman Mr. Khalid Abdulla Al Bassam said the Bank continues to pursue its conservative policies and complies with the directives of the regulatory authorities by setting aside more provisions for bad debts and finance transactions, especially these related to the Saad and Algosaibi Groups.
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