VOL. XXXV
NO. 15
13 JANUARY 1992
Financial and Banking News
Regional Banking
Riyad Bank Flotation to Go Ahead on 15 January, with ProceduralChanges
Riyad Bank's SR3.8bn ($1bn) share offering, which was postponed at shortnotice on 30 November 1991, is to go ahead on 15 January, bank officials say(MEES, 9 December 1991). The terms of the flotation have not been changed. Thebank will issue 8mn new shares at SR472 ($126) each, but with a nominal value ofSR100mn. In addition, the bank will issue 1bn...
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!