VOL. XXXIV

NO. 9

3 DECEMBER 1990

Financial and Banking News

Regional Banking

Bank al-Jazira May Find Savior in USCB

Riyadh-based United Saudi Commercial Bank (USCB) is considering making a bidfor Bank al-Jazira, Saudi Arabia's most troubled bank, according to local pressreports. USCB declined to comment on the speculation, except to say that thepossibility of a merger or takeover has received some consideration. Localobservers note that USCB has a board meeting scheduled for 10 December, whileBank...