VOL. XXXVI
NO. 23
8-MARCH-1993
Financial and Banking News
BANK RESULTS
Bahrain Int'l. Bank Declares Increased Profits as New Strategy Takes Shape
Bahrain International Bank (BIB) has declared profits of $13.7mn for 1992, an9% increase on the previous year. The balance sheet grew by 11% to $335.9mn, itshighest level since 1989. The bank will pay a 6.5% dividend for the year, upfrom 6% in 1991. Last year marked the beginning of a new strategy for the bank,which has set its sights on becoming the...
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!