VOL.XXXVI

NO.16

18-JANUARY-1993

Financial and Banking News

BANK RESULTS

National Bank of Bahrain Issues Unaudited Results and Makes Appointments

National Bank of Bahrain (NBB) has declared unaudited profits of BD11.6mn($30.8mn) for 1992, a 14% increase on 1991. The board will recommend a 20% cashdividend to shareholders, the same as last year, and a transfer of BD4mn togeneral reserves (for NBB's 1991 results see MEES, 30 March 1992).

On 9 January the bank announced a number of senior appointments,...