VOL. XXXVI
NO. 22
1-MARCH-1993
Financial and Banking News
BANK RESULTS
Gulf International Bank Lifts Earnings as Long Term Prospects Improve
Bahrain-based Gulf International Bank (GIB) has declared profits of $63.7mnfor 1992, up 37% on 1991. The bank's profitability ratios also improvedsignificantly over the year. A dividend of $45mn is proposed, representing 10%of paid-in capital and 71% of net profits for the year. Overall, the bankappears to have recovered a sense of direction after several...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!