VOL.XXXVI
NO.16
18-JANUARY-1993
Financial and Banking News
BANK RESULTS
Saudi British Profits Nudge forward in 1992, as Bank Repositions forFuture
Riyadh-based Saudi British Bank has declared profits of SR268.1mn ($71.5mn)for 1992, a 7% increase on the previous year. Assets grew by 30% to SR20,704mn($5,521mn). The 7% increase represents a deceleration of the bank's incomegrowth following some spectacular increases during the last five years, But thebank's Managing Director, Mr. Andrew Dixon, says...
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