VOL. XXXVII
NO. 17
24-JANUARY-1994
Financial and Banking News
Bank Results
Bahrain International Bank Announces Higher Profits, Record Dividend
Bahrain International Bank (BIB) has announced profits of $15.3mn for 1993, a12% increase over 1992. A 7.5% dividend is proposed, which, if agreed, will bethe highest ever distributed. Assets stood at $462mn at the end of 1993, up 38%,and shareholders' equity was $193mn, up 1%. The bank plans to issue full figuresin advance of its Annual General Meeting,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!