VOL. XXXV
NO. 18
3-FEBRUARY-1992
Financial and Banking News
Bank Results
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...
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