NO. 25


Financial and Banking News

Regional Banking

ABC Closes Investment Subsidiaries; Prepares to Release 1990 Figures

ABC International Bank Plc, the new London-incorporated bank, which wascapitalized earlier this year by Bahrain- based Arab Banking Corporation (ABC),is to take over the operations of ABC International, the Bahrain bank's Londoninvestment arm. As a result ABC International will no longer exist as a separateentity. ABC's Bahrain-based exempt company ABC...