VOL. XXXVIII

NO. 19

6-FEBRUARY-1995

Financial and Banking News

Bank Results

Securities Losses Push National Bank Of Bahrain To Lower Profits

The 25% fall in profits at National Bank of Bahrain (NBB) appears to beentirely attributable to losses in the securities markets. The bank's coreinterest and banking income rose slightly during the year. Exactly how the bankhas taken its losses on securities will not be made clear until the notes to itsaccounts are published in a few weeks time the full...