VOL. XXXIV

NO. 30

29-APRIL-1991

Financial and Banking News

REGIONAL BANKING

AI Ahli Bank of Qatar Posts Steady 1990 Results

Al Ahli Bank of Qatar's results for 1990 show few changes on the previous year. Operating profits fell marginally and an increase in .other financial charges., presumed to include provisions, rose slightly to leave net profits down by 1 % for the year. A dividend of 15% is proposed, the same as last year. Total assets grew by 2.3% during 1990 to QR913.1mn. Interbank placements...