Financial and Banking News
United Saudi Commercial Bank Maintains Growth through 1992
Riyadh-based United Saudi Commercial Bank (United) has reported a 25%increase in profits during 1992, in line with the increases recorded every yearsince the bank's recovery plan was put in place in 1987. The balance sheetrecorded healthy but unspectacular growth in 1992. The only significantrepositioning in the balance sheet came from a fall in funds due from banks....
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