VOL. XXX

NO. 22

9-MARCH-1987

Financial and Banking News

REGIONAL BANKING

Arab Bank's Jordanian Profits Slip, Group Income Rises

Profits of Arab Bank Ltd., the Amman-based bank comprising the principal partof the Arab Bank group, fell from JD25.0mn to JD23.5mn during 1986, according tothe annual report of the group released last week. However, because of therelative depreciation of the US dollar last year, when the profits aretranslated into US$ for comparative purposes Arab Bank Ltd. returned a...