VOL. XXXIII
NO. 36
11-JUNE-1990
Financial and Banking News
Regional Banking
GIB Likely to Become Main Arab Shareholder in BAII
Bahrain-based Gulf International Bank (GIB) looks set to become the main Arabshareholder in Banque Arabe et Internationale d'Investissement (BAII), theParis-based bank which is in the process of being taken over and recapitalizedby Banque Nationale de Paris (BNP). GIB is believed to be interested in taking astake of about 30% in the bank, although the exact figure has not...
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