VOL. XXXVI

NO. 40

5-JULY-1993

Financial and Banking News

REGIONAL BANKING

UAE Banks Turn In Solid Performances

Nearly all banks in the UAE are in good shape and are becoming stronger.All but two of the 16 which have published figures for 1992 have shown increasedprofits. This is a considerable improvement on the picture a year ago, whenseven banks had not published their annual results by July and many of theremainder showed only modest increases in profits. So far this year all butNational Bank of...