VOL. XXXIII
NO. 40
9-JULY-1990
Financial and Banking News
Regional Banking
New Supervisory Board for BAII as BNP Takes Control
Banque Nationale de Paris (BNP) took control of Banque Arabe etInternationale d'Investissement (BAII) at the end of June after injectingFF600mn in fresh capital. The move had been expected since May, when BNPannounced its intention to buy out BAII's other shareholders (MEES, 21 May).Before BNP subscribed the new money, BAII's capital fund had been written downto FF50.75mn...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!