VOL. XXXVII

NO. 44

1-AUGUST-1994

Financial andBanking News

Regional

Bahrain's Commercial Banks Show Underlying Strength

Banking Bahrain's commercial banks are experiencing mixed fortunes as aresult of recent reversals in international bond markets and subdued economicconditions at home. All six of the locally incorporated commercial banksdeclared increased profits for 1993, but the two biggest, National Bank ofBahrain (NBB) and Bank of Bahrain and Kuwait (BBK), have reported declines inthe first...