VOL. XXX

NO. 18

9-FEBRUARY-1987

Financial and Banking News

REGIONAL BANKING

Investcorp Posts 26% Earnings Rise

The Arabian Investment Banking Corporation (Investcorp) has announced profitsof $15.2mn for 1986, a 26% increase over 1985's figure. Total assets haveincreased 61.3% during the year to reach a high of $418.5mn. At the end of lastyear, Investcorp launched an offer for shares to double its paid-in capitalwhich it announced as a major success, with $91mn raised instead of the target$50mn....