VOL XXVIII
NO.26
8-APRIL-1985
Financial and Banking News
REGIONAL BANKING
Alahli Commercial Bank's Profit Cut by Provisions
Higher provisions for loan losses and a revaluation of the investment portfolio knocked BD780,000 ($2.2mn) off the net earnings of one of Bahrain's smaller commercial banks, Alahli Commercial Bank. Assets grew by 16% to BD138mn ($373mn), the loan portfolio was up 20% to BD99.4mn ($269mn) and deposits increased 17% to BD132mn ($356mn). A big increase in letters of credit and...
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!