VOL. XLIV
No 45
5-November-2001
BANKRESULTS
ABC Reports 5% Rise In 3Q Profits
Bahrain-based Arab BankingCorporation (ABC) announced on 30 October that it had achieved a net profit of$103mn in 3Q 2001 an improvement of 5% over the $98mn in 3Q 2000. In astatement, the bank said that its total assets for the same period amounted to$27,003mn, a rise of 1% compared to the $26,676mn as at 31 December 2000, andthat the banks liquidity remained strong. The banks ratio of liquid assets todeposits stood...
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!