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...
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