NO. 40


Financial and Banking News

Regional Banking

Arab Banking Corporation Seeks Representative Office in Tehran

Manama-based Arab Banking Corporation (ABC) hopes to open a representativeoffice in Tehran in conjunction with its subsidiary, Madrid-based BancoAtlantico and two affiliated companies, Arab Financial Services and ArabInsurance Group (Arig). ABC's Chief Executive and Deputy Chairman, Mr. AbdullaSaudi, is chairman of Banco Atlantico and AFS.