NO. 26


Financial and Banking News

Regional Banking

Saudi Arabia Blacklists Token Number of International Banks

The Saudifinancial authorities have expressed their displeasure at the way someinternational banks cut their lines to the Kingdom after the invasion of Kuwaitby issuing a list of banks with whom Saudi financial institutions should not dobusiness. MEES understands that the list contains two Japanese, two Canadian,and two Taiwanese banks. Sanwa Bank and Tokai Bank...