VOL. XXXV
NO. 44
3-AUGUST-1992
Financial and Banking News
Bank Results
ABC Declares $45mn First Half Profit; Balance Sheet Almost Unchanged
Bahrain-based Arab Banking Corporation (ABC) has declared interim pre-taxprofits of $65mn for the first half of 1992, compared to $57mn during the firsthalf of 1991. Operating profits were $124mn, compared to $100mn for the firsthalf of 1991. Total assets at the end of June 1992 were $20.1bn, compared to$19.6bn at the end of June 1991 and $20.5mn at the end of...
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