Scant relief at Global as bout of pain continues - The National

Few lenders have fallen as far as Kuwait's Global Investment House as a result of the global financial crisis.

There was little let-up yesterday, after the bank - once among the biggest in the Gulf - reported full-year losses during 2011 of 57.5 million Kuwaiti dinars.

Although Global narrowed its losses of 75.3m dinars from a year earlier, it has lost money every year since 2008.

* username: rupertbu