NO. 16


Financial and Banking News

Bank Results

National Bank Of Bahrain Shows 41% Increase In Profits

National Bank of Bahrain (NBB) has announced unaudited profits of BD16.3mnfor 1993, a 41% increase over the previous year. The figures were approved bythe bank's board of directors on 8 January. Full figures will be releasedfollowing the bank's general assembly, which is usually held in March.

Subject to the assembly's approval, the board is proposing to pay a 25% cash...