NO. 30


Financial and Banking News

Regional Banking

Alahli Bank of Kuwait Shows slight Improvement

Profits at Alahli Bank of Kuwait rose by 5% to KD4.5mn in 1989, but itsdividends remained unchanged from the previous year at 3% cash and 5% in bonusshares, the lowest so far declared by a Kuwaiti commercial bank. Dividend payments are seen as the best way of judging the comparative financial health ofKuwaiti banks since, with the exception of those of National Bank of Kuwait,...