VOL. XXXIX
No. 39
24-June-1996
SAUDI ARABIA
Saudi Banks Profits Continue To ImproveIn First Quarter1996
The trend towards a narrowing in the disparate performancesof the Saudi banking sector continued in the first quarterof 1996 as the laggards of previous yearscontinued tocatch up - albeit slowly - with the high-fliers. The mostimmediately noticeable feature of the first quarter is thepublication for the first time of quarterlyfinancialstatements by the largest bank in the Kingdom, National...
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