Bank’s Fate Unknown
Economy, Business And Markets

Bank’s Fate Unknown

Bahrain has not yet made a decision about the fate of an Iranian-owned bank based in the Persian Gulf state that is presently under administration, a senior Bahraini central bank official told Reuters on Monday. The central bank in May put Bank Ayandeh (Future Bank) and the Iran Insurance Company’ s Bahrain branch under administration to “protect the rights of depositors and policyholders”. It did not elaborate on its reasons.

Short URL : http://goo.gl/IEJv4Y
  1. http://goo.gl/iA8v9b
  • http://goo.gl/nUYOcb
  • http://goo.gl/yXJAF8
  • http://goo.gl/SUIJyt
  • http://goo.gl/NxgDr9

You can also read ...

Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Bank Loans Top $100b in 10 Months
Banks and credit institutions doled out more than 4.62...
SCI Puts Inflation  at 8.3%
The average goods and services Consumer Price Index in Iran...