- MANAMA: 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 steps in the implementation its recovery plan. Our focus now will be on strengthening the capital structure of GFH and working toward our new business model," said Esam Janahi, chairman of GFH, while commenting on the results.
The bank had reported $67.9 million for the first half of 2009.