VOL. XXXII
NO. 31
8-MAY-1989
Financial and Banking News
REGIONAL BANKING
Saudi Hollandi Profits below Expectations
Al-Bank al-Saudi al-Hollandi has reported profits for 1988 of SR37.9mn, whichis well below expectations and lower than the unaudited profit declared forthe third quarter of the year (MEES, 14 November 1988). Matching the lower thanexpected profit for the year, Saudi Hollandi's end-year provisioning charge ofSR95mn is higher than was indicated by the third quarter results, which showed...
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!