VOL. XLI

No. 48

30-November-1998

UAE

Correction

The 1997 balance sheet for the UAE bank, National Bank of Sharjah, asreported in the 9 November issue of MEES (page B3) should read as below. MEESapologizes for any inconvenience caused by the erroneous figures published.

UAE Banks: Balance Sheets, 1995-1997

($Mn)

Bank

Year

Equity

Capital

Assets

Loans

Due From Banks

Customer Deposits

National Bank of Sharjah

1997

65.1

27.2

305.1

201.0

41.4

24.6

1996

50.4

21.8

273.8

161.5...