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....
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!