VOL. XXX

NO. 21

2-MARCH-1987

Financial and Banking News

REGIONAL BANKlNG

ABC Profits But Fee Income Rising

Arab Banking Corporation (ABC) last week announced 1986 financial resultswhich indicate sharply increased costs and stagnant profitability. On thebrighter side, fee-based income - the acid test of a bank's capability as aninvestment bank - has continued to register strong growth, and the bankinggroup succeeded in boosting its loan and security portfolio while reducingprovisions for loan...