NO. 37

17 JUNE 1991

Financial and Banking News

Regional Banking

Departure of National Bank of Sharjah's General Manager May Presage BigBanking Changes for Sharjah Banking

The unexpected departure of Mr. Gordon Abernethy from his post as GeneralManager of National Bank of Sharjah may herald a reorganization of Sharjah'sbanking system, possibly including a merger of National Bank with Sharjah'stwo other local banks, Investbank and Bank of Sharjah. Mr. Alan Whyte, formerlyGeneral Manager of...