VOL. XXXVI

NO. 21

22-FEBRUARY-1993

Financial and Banking News

REGIONAL BANKING

Assets of Bahrain's Offshore Banks Continue to Bounce Back

The combined assets of Bahrain's offshore banks rose to $62.69bn at the endof September 1992, an increase of 21.5% over the figure for 30 September 1991.Offshore assets reached $72.58bn at the end of 1989 and then fell steadily to$49.63bn at the end of August 1991. They have been recovering consistently sincethen.