VOL. XXXVI
NO. 31
3-MAY-1993
Financial and Banking News
BANK RESULTS
ABC Announces Increased First Quarter Earnings
Bahrain-based Arab Banking Corporation (ABC) has declared unaudited pre-taxprofits, on a consolidated basis, of $34mn for the first quarter of 1993, anincrease of 17% on 1992. Operating profits rose by 27% to $55mn. Assets at theend of March were $19,314mn, compared to $19,141mn at the end of March 1992 and$19,490mn at the end of December 1992.
ABC's Madrid-based subsidiary, Banco...
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!