VOL. XXXII

NO. 36

12-JUNE-1989

Financial and Banking News

REGIONAL BANKING

ANB, Samba Lead the Saudi Banking Pack

With results for 1988 now published for ten of the twelve commercial banks inSaudi Arabia, Arab National Bank (ANB) and Saudi American Bank (Samba) haveemerged as two best performers, although Riyad Bank earned the largest volume ofprofits during 1988. Only ANB and Samba exceeded the industry's weighted averagein terms of their equity/assets ratio, their return on assets and their...