Financial and Banking News
Investcorp's Annual Profit Increase Slows Down
The Bahrain-based Arabian Investment Banking Corporation (Investcorp) lastweek announced a 12.1% increase in its profits to a record level of nearly$52mn. This rate of increase represents a slowdown in the meteoric increase inthe bank's profitability in recent years, when it announced increases of 60% in1988 and nearly 90% in 1987. Reflecting the slowdown, Investcorp's...
Please log in to read the rest of this story.
You may purchase access to entire MEES digital archives by subscribing. This subscription gives you access to all the content of MEES digital archives up to 1978!