Financial and Banking News
REGIONAL BANKING
More Saudi Banks Report Declining Profits
More Saudi banks have reported declining profits in their mid-year results, in line with the trend set by al-Bank al-Saudi al-Fransi, Saudi American Bank (Samba) and Bank al-Jazirah (see MEES, 26 August for their first half 1985 results). Arab National Bank - owned 40D by Arab Bank of Jordan and 60D by the Saudi public - has reported a 2.8% drop in its net income of SR115.2mn ($31.6mn) in the first...
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!