Financial and Banking News
REGIONAL BANKING
GIB Profits Increase, Assets Unchanged
The total assets of the Gulf International Bank (GIB) slipped marginally to $7,419.4mn in 1984, while net income increased 11.1% to $63.9mn. The higher profits were broadly in line with GIB's mid-year figures, which indicated a 12.6% increase to $31.7mn. A $103mn (22%) increase in shareholders' equity from $477.1mn to $580.1mn was the result of a $92.8mn increase in capital as well as retained...
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!