Financial and Banking News
Increasing Non-Interest Income and Decreasing Provisions Help NBB to BoostProfits again
Profits at National Bank of Bahrain (NBB) rose again in 1992, largely due toa cut in provisioning, but also as a result of an increase in non-interestincome. The bank has maintained its 20% dividend. NBB says that it is now wellpositioned to undertake further expansion and points out that its managementteam has recently been strengthened. It...