NO. 17


Financial and Banking News

Regional Financing

Bahrain's Al-Ahli Bank Shows 31% Increase In Profits

Bahrain-based Al-Ahli Bank, the island's third biggest commercial bank, hasreported a 31% increase in profits for 1994. The improvement was a result ofhigher interest income, which more than offset a fall in other income. Thedirectors are recommending a 12.5% cash dividend, up from 10% the previous year.Chief executive Michael Fuller, expects profits to continue to...