VOL. XXXIII
NO. 26
2-APRIL-1990
Financial and Banking News
Regional Banking
TAIB Resumes Growth
Trans-Arabian Investment Bank (TAIB), the Bahrain-based investment bank,has reported profits of $5.1mn for 1989, a 21% increase on 1988. The bank alsorecorded big increases in its total assets and loan portfolio. The figuresconfirm TAIB's recovery since 1987, when it had to declare a loss of $3.5mn dueto heavy provisioning against exceptional items. The bank's gearing remains verylow, with its equity to...
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