VOL. XXXVIII
NO. 32
8-MAY-1995
Financial and Banking News
Bank Results
Bahrain International Bank Sees 10% Profit Growth In 1994
Bahrain International Bank (BIB) has announced profits of $16.7mn for theyear to 31 December 1994, as compared to $15.3mn in 1993. The growth in profitsis mainly attributable to gains on the sale of investments, more than doubledat $3.6mn, and fee and other income, more than trebled at $4.6mn, in line withthe bank's strategy of developing its corporate finance and...
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