VOL. XXXIX

No. 49

2-September-1996

BAHRAIN

Bahrain's Commercial Banks Are Solid Despite Political Unrest

The most recent Quarterly Bulletin of the Bahrain Monetary Agency shows a fall of 2% in the aggregate assets and the public and private sector deposits of the 19 Bahraini commercial banks at the end of March 1996 compared with the end of December 1995. The fact that the last time a fall was registered was in 1990 - following the Iraqi invasion of Kuwait - and that the 2% drop...