VOL. XXXIII
NO. 34
28-MAY-1990
Financial and Banking News
Regional Banking
Bank al-Jazira Fixes Date for General Assembly
Jiddah-based Bank al-Jazira is to hold its 1990 annual shareholders' meetingon 20 June. In addition to approving the 1989 accounts, which are expected toshow a net loss for the third successive year, the meeting will consider plansfor a capital increase. Local bankers predict that paid-up capital may be raisedto SR300mn from the present SR100mn. The crucial issue is whether...
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