G Capital, a subsidiary of GFH acquires Adabank in Turkey

G Capital in partnership with Gürmen Group, has acquired Adabank in Turkey for US$ 75 million. Gulf Finance House (GFH), G Capital’s parent company, has a long track record in establishing and operating financial institutions across the MENA region, institutions like: Arab Finance House (Lebanon 2003), Solidarity (Bahrain – 2004), First Leasing Bank (Bahrain - 2004), Khaleeji Commercial Bank (Bahrain - 2005), Asian Finance Bank (Malaysia - 2006), Qinvest (Qatar - 2006) and First Energy Bank (Bahrain -2008).

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