NO. 35


Financial and Banking News

Regional Banking

BCCI to Announce Changes in UK Operations

Bank of Credit and Commerce International (BCCI) will make an announcement atthe end of the first week of June concerning the future of its London-basedcentral service unit. The announcement is expected to give a timescale for thetransfer of the unit to Abu Dhabi as well as detailing plans to scale down thebank's operations in the UK, where it currently has 45 branches. When the move...