IslamicFinance.de

GFH Financial Group (GFH), the Bahrain based financial group, has repaid US$37.5 million to its debt syndicates. These repayments are in addition to US$33 million paid by GFH to its debt holders in 2014, and represents more than 30% of the Group's outstanding facilities. Today, the Group has outstanding debt of US$ 137 million under three facilities to be repaid on an amortized basis through 2018/2019. As of 30 June 2015, the Group's debt to equity ratio stood at only 0.24 underscoring the strength of GFH's balance sheet.