VOL. XXX

N0. 10

15-DECEMBER-1986

Financial and Banking News

REGIONAL BANKING

Al Mal Group Reports $12.8mn Profit

Al Mal Holdings SA, the Luxembourg-based holding company for the Al Mal groupof companies, has announced results for the fiscal year ending 31 March 1986which it called "the most successful yet". The company, which startedthe year with a $3.2mn retained loss from the previous year, recorded pretaxprofits of $15.3mn and post-tax profits of $12.8mn. Its principal subsidiary,the...