VOL. XXXVIII
NO. 27
3-APRIL-1995
Financial and Banking News
Public Finance
Bank Gulf International Bank Predicts Profit Increase In 1995, ResultsAfter Fall In 1994
Bahrain-based Gulf International Bank (GIB) says that its profits willincrease in the present year, after falling back in 1994 due to adverseconditions in the securities markets. The bank reported profits of $75.3mn for1994, a 15% fall in profits for 1994. Mr. Ghazi 'Abd al-Jawad, the ManagingDirector, says that the bank is ahead of...
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