Financial and Banking News
REGIONAL BANKING
Saudi European Bank Profits Rise 33%
The Saudi European Investment Corporation NV, the holding company of the Saudi European Bank, has announced a 33% in- crease in profits to $10.7mn for 1984. Profits after deductions for depreciation, reserves and interest dividends were $6.3mn, while total assets were $536mn. After doubling its capital in 1984, the group's shareholder funds stood at $159mn at the end of the year. During the year the...
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!