VOL. XLIII
No. 03
17-January-2000
SAUDI ARABIA
Renewed Optimism At NCB
Despite a fall in profits of 5.1% in the first nine months of 1999 and a drop in assets of 7.6% for the same period, management at Saudi Arabias oldest and largest bank, National Commercial Bank (NCB) is optimistic about the future. In a recent report in the Arabic daily Asharq al-Awsat, on 2 January NCBs Chairman of the Board and Managing Director, Mr 'Abd Allah Salim Bahamdan, said that although the increase would be...
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!