Financial and Banking News
SAIB Recovery Runs Out of Steam as USCB Loss Persists
A recovery in net earnings at Saudi Investment Bank (SAIB) during 1987appears to have run out of steam during the final quarter of the year, accordingto highlighted results released last week. SAIB declared a SR4.0mn profit for1987, well up from 1986's slim SRl.3mn profit, but something of adisappointment after its unaudited quarterly results in 1987 showed a SR4.4mnnet...
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!