Wednesday, 4 May 2011

Bahrain offshore banking assets fell 10 pct in unrest | Reuters

Assets of Bahrain's offshore banks fell 10 percent to $134.9 billion during the island kingdom's political unrest in March, central bank data showed on Wednesday, their lowest levels since 2005.

At least 13 protesters and four policemen were killed and hundreds injured in clashes during protests that gripped the country for weeks in February and March.

Bahrain's government declared martial law and invited troops from Gulf neighbours into the country to help quell the unrest in a crackdown on a protester camp near Manama's financial district on March 16.

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