VOL. XXXIII
NO. 38
25-JUNE-1990
Financial and Banking News
Regional Banking
ABC Share Issue Oversubscribed
The $350mn share issue for Bahrain-based Arab Banking Corporation (ABC) hasbeen oversubscribed by 14.2%. Bids totalling around $400mn were received for the25mn shares which are being issued at $14 each. The bank said that the newshares had been placed with 3,264 Arab and international investors, of which52 were corporations and 3,212 individuals. Shares valued at $20,205,500 - about5.8% of the...
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