VOL. XXXVII

NO. 43

25-JULY-1994

Financial andBanking News

Bank Results

Profits Dip At National Bank of Bahrain, Increase At Al-Ahli CommercialBank

NationalBank of Bahrain (NBB) has announced profits of BD7.4mn ($19.6mn) for thefirst six months of 1994, a 4% fall from the corresponding period in 1993. Thebank ascribed the decline to the unfavorable conditions in internationalfinancial markets during the first half of the year. The bank increased its loanbook by 19% over the year to 30 June 1994,...