VOL. XXXVII
NO. 16
17-JANUARY-1994
Financial and Banking News
Bank Results
Libyan Arab Foreign Bank Publishes Results For 1992/93
Libyan Arab Foreign Bank, which is wholly owned by the Government of Libya,reported a 26% increase in assets in the year to 31 March 1993. Its annualreport for the year shows that most of the growth was in short-term liabilitiesand short-term assets. The report shows that international loans accounted for36% of the investment portfolio, against 34% for certificates of...
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