Financial and Banking News
Investcorp Declares Record Profits again, despite Gulf Crisis
Investcorp, the Bahrain-based investment bank, has declared profits of$66.3mn for 1990, its highest ever. The bank has increased its profits everyyear since its foundation in 1982. Investcorp's profitability ratios, whichinclude return on assets of 7.5% and return on equity of 30%, will ensure thatit remains one of the most profitable financial institutions in...