VOL. XXXIII
NO. 22
5-MARCH-1990
Financial and Banking News
Regional Banking
Saudi Fransi Shows Modest Improvement
Al-Bank al-Saudi al-Fransi, which is 40% owned by Banque Indosuez, hasreported a modest improvement in its financial performance during 1989. Thebank is far more liquid than in the previous year, having reduced its lending by3.7% and increased its total deposits by 6.3%. The bank completed its move to anew head office in Riyadh during the summer of 1989, and has cut its staff bysome...
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!