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| Tekijä: | Shreeve, G. Timewell, S. |
| Otsikko: | Arab bank. (Group of articles including ranking of the top 100 Arab financial institutions) |
| Lehti: | Banker
1988 : DEC, VOL. 138:754, p. 61-95 |
| Asiasana: | BANKS BY SIZE ARAB STATES GROWTH COMPANY RANKING |
| Kieli: | eng |
| Tiivistelmä: | Review of the National Commercial Bank (NBC) of Jeddah, Saudi Arabia, the largest bank in the Gulf region. How the family owned NCB has grown. Its zero net profit after bad and doubtful debts, loan-loss provision and publication of auditor's report. View that certain loans contravened Banking Control Law. Large unsecured loans. A disturbing situation for NCB's managers. The role of the government. Repayment by NCB of $ 200 million issue of floating-rate notes. A separate box gives an extract from the auditor's qualified report and comments. |
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