VOL. XXXV
NO. 21
24-FEBRUARY-1992
Financial and Banking News
Bank Results
ABC International Bank Announces Profits for First Nine Months
ABC International Bank (ABCIB), the London-incorporated subsidiary of ArabBanking Corporation (ABC), has announced profits of 3.2mn ($5.6mn) for thenine months to the end of December 1991. It had assets at the end of the periodof 1,020.6mn. The bank began operations in London on 1 April 1991, and tookover the operations of ABC's Paris branch on 1 July. The bank...
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