VOL. XXXIII
NO. 35
4-JUNE-1990
Financial and Banking News
Regional Banking
KFTCIC Takes Full Control of Credit des Bergues
Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC), which is99.2% owned by the Kuwait Investment Authority, has taken full control of theGeneva-based finance company Credit des Bergues after buying the 35% stake inthe company previously owned by the Saudi Arabian Rolaco
Group. The sale, which was entirely amicable, was agreed at the beginning ofMay and the money...
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