VOL. XXXVIII
NO. 50
11-SEPTEMBER-1995
Financial and Banking News
Regional Banking
Arab Banking Corporation
In the 28 August edition of MEES, the returns on average assets and equity ofArab Banking Corporation (ABC) for the first half of this year were mistakenlyreported as being 0.34% and 4.55% respectively. To ensure comparability withannual results, the correct return on average assets should read 0.67% and thecorrect return on average equity should be 9.21% - both improvements on 1994 asa whole....
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