VOL. XXXIV

NO. 45

12-AUGUST-1991

Financial and Banking News

Regional Banking

Bahrain's Offshore Banking Assets Fell by 17.5% Last Year

The assets of Bahrain's offshore banks fell by 17.5% during 1990, accordingto figures published in the latest Annual Report of the Bahrain Monetary Agency(BMA). The year end total of $59.9bn is the lowest year end figure since 1986(although it should be remembered that the tendency among the banks to inflatetheir end of year balance sheets for presentational...