VOL.XXXVI

NO.50

13-SEPTEMBER-1993

Financial and Banking News

REGIONAL BANKING

Arab Banking Corporation Maintains Interim Dividend

Bahrain-based Arab Banking Corporation (ABC) isto issue an

interim dividend of $0.25 for thethirdsuccessiveyear. Thebank haddeclaredpre-taxprofits of $74mn for the

first half of the year,up14% on the same period in 1992. In 1991 and 1992 ABC issued an additional dividend of $0.25

at the end of the year. The bank's share price is currently around $12.70.