VOL. XXXIX
No. 35
27-May-1996
SAUDI ARABIA
NCB Issues First Quarterly Financial Statements
National Commercial Bank, the largest bank in Saudi Arabia and one of the largest in the Arab world, NCB has for the first time issued (unaudited) quarterly financial statements. As a partnership unlisted on the unofficial Saudi stock exchange, NCB has - unlike its competitors in Saudi Arabia - been exempt from the requirement to issue quarterly financial statements, and its decision to do so...
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