VOL. XXXI
NO. 30
2-MAY-1988
Financial and Banking News
REGIONAL BANKING
Saudi First Quarter Results Show Higher Earnings and Reduced Loans
The five Saudi banks which have so far reported first quarter results for1988 all show increased profitability, but their loan portfolios have eitherbeen reduced sharply or left largely unchanged from figures published at the endof December 1987.
The largest percentage increases in income were recorded by Saudi AmericanBank (MEES, 25 April) and Saudi British...
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