NO. 43


Financial and Banking News

Budgets & Revenues

Trans-Arabian Signs $25mn Certificate Issue

Signing for Bahrain-based Trans-Arabian Investment Bank's issue of $25mn infloating rate certificates of deposit took place on 25 July. The issue wasarranged by ABC Investment and Services Company, a wholly owned investmentbanking subsidiary of Bahrain-based Arab Banking Corporation (MEES, 16 July).The investment bank is also acting as issuing and paying agent. Co-lead...