VOL. XXXII

NO. 44

7-AUGUST-1989

Financial and Banking News

REGIONAL BANKING

NBB's Mid-Year Profit Up 14%

Profits at the National Bank of Bahrain (NBB) in the first half of 1989 roseby 14% to BD4.8mn, according to the bank's unaudited results. The bankattributed the higher profits to a lower level of provisions, which fell toBD2.5mn in the first half of 1989 from BD3.4mn during the same period of 1988.Loans and advances fell by 44% to BD156mn in the first half of 1989 compared tothe same period in...