VOL. XXXIII

NO. 31

7-MAY-1990

Financial and Banking News

Regional Banking

BCCI - now for the hard Part

The move by Abu Dhabi's ruling family to inject $400mn of fresh capital intoBank of Credit and Commerce International (BCCI) Holdings and buy the 20%stake in the bank previously held by Saudi Arabia's Bin Mahfouz family hassecured the bank's short-term financial position and removed some of thespeculation about its future ownership. But the emergence of a single dominantshareholder with a 77%...