VOL. XLIV
No 30
23-July-2001
SAUDI ARABIA
NCB Nets Around $394Mn In2000 But Likely To Maintain Dividend Withholding Policy
Extrapolation from figures released earlier thismonth for operating income and the annual provisioning cost disclosed in aninterim statement, reveal that Saudi Arabias National Commercial Bank (NCB),netted profits of (and replenished reserves by) around SR1.48bn ($394mn) in theyear 2000 (MEES, 16 July). The 38.2%rise in operating profit achieved in the first half of 2001...
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!