VOL. XXXII

NO. 17

30-JANUARY-1989

Financial and Banking News

REGIONAL BANKING

Investcorp Shows another Big Profit Increase

The Bahrain-based Arabian Investment Banking Corporation (Investcorp) hasannounced another big increase in profits in 1988 to a record total of $46.2mn,up 60.4% on the previous year and more than three times as high as the 1986figure. The bank's investment trading account, which holds securities which haveyet to be sold on to its clients (the bulk of whom are shareholders) grew...