VOL. XXXV
NO. 26
30-MARCH-1992
Financial and Banking News
Bank Results
National Bank of Bahrain Declares Increased Profits
National Bank of Bahrain (NBB) has declared a 13% increase in profits for1991, and retained its 20% cash dividend payout. The increase in profits was duemainly to a cut in provisioning, although operating income also rose slightly.This follows the trend of the last three years, during which NBB has steadilycut its provisioning while recording small increases in operating...
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