VOL. XLI

No. 47

23-November-1998

BAHRAIN

Bahraini Commercial Banks Show Steady 1997 Profits But WideDisparity

Total onshore bank assets for the six Bahraini commercial banksincluded in this survey grew by 11.4% in 1997, reversing the previous years decline,which resulted from a fall in holdings in investment securities at the National Bank ofBahrain (NBB MEES, 20 October). Profitability rose by a dramatic 67.4%, butthis increase was largely due to the Bank of Bahrain and Kuwaits...