Gulf Finance House is seeking buyers for its stake in QInvest, a Doha-based investment bank.
The Bahraini investment bank, which reached a restructuring agreement on US$110 million (Dh404m) of debt last month, indirectly holds a 4 per cent stake in QInvest through one of its associates, Khaleeji Commercial Bank, a Bahraini lender that is 47 per cent owned by Gulf Finance House.
"We don't really have a significant role to play in QInvest. If you find a suitable buyer at some point in time, we'll accept. It's a legacy asset," said a source close to Gulf Finance House.
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