VOL. XXXVII
NO. 3
18-OCTOBER-1993
Financial and Banking News
Regional Banking
Saudi Banks' Nine Month Figures Present Optimistic Picture
Saudi banks are continuing to show steady growth during 1993 and most are oncourse to declare healthy profit increases at year end. Bank results for thefirst nine months of this year show few signs of a slowdown in balance sheetgrowth or a squeeze on profits. Saudi banks, buoyed by a vibrant private sectorand lucrative government development bonds, have performed...
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