Financial and Banking News
BCCI Plans for the Future
Bank of Credit and Commerce International (BCCI), which last year transferredits head office to Abu Dhabi following a bail-out by its Abu Dhabi shareholders,retained much of its balance sheet intact during 1990, but is expected todeclare a significant loss for the year. Publication of the 1990 account isbeing delayed while the size of the loss is finalized. Observers suggest that itis likely to be in...