Financial and Banking News
Saudi Banks Find the Going Tougher
With third quarter results for 1986 almost complete, it is apparent that thecommercial banks in Saudi Arabia had a very tough year, which will be reflectedin a crop of gloomy results when audited end-year figures become available overthe next two months. The only bank not to reveal any quarterly figures has beenthe sick man of Saudi banking Saudi Cairo Bank which is undergoing an extended...
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