Financial and Banking News
Investcorp Profits Climb
The Arabian Investment Banking Corporation (Investcorp) has announced a 9% increase in net income to $12.1mn in 1985, with assets edging up from $236mn to $259.5mn. A 15% dividend ($7.5m) is again being distributed. Investcorp's figures in 1985 represent an improvement in its return on capital from 22.1% to 24%, with a 4.9% return on average assets and a 21% return on average shareholders' funds.