Financial and Banking News
Saudi British Bank Continues to Increase Profitability
Riyadh-based Saudi British Bank has declared profits of SR250.5mn ($67mn) for 1991, a 30% increase on the previous year. The bank's profitability ratios were also higher than in 1990. The board is recommending a net dividend of SR20 per share, compared to SR15 per share in 1990. Gross operating in- come was down slightly on the previous year due to a decline in interest...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!