Arcapita Bank Wins Permission to Manage Cash, Pay Wages - Bloomberg
 

29-03-12 08:40 PM

Arcapita, founded in 1996 and based in Manama, Bahrain, said it needed to pay its 191 employees and reimburse their expenses to continue operating. Gross monthly payroll is $1.18 million and average monthly expenses are $308,000, Arcapita said.

Source...