VOL. XXII

NO. 10

12-DECEMBER-1988

Financial and Banking News

Correction: Mr. Ahmad al-Malik has been appointed as Vice Governor of the Saudi Arabian MonetaryAgency (SAMA), not Mr. Ahmad 'Abd al-Latif, as stated in MEES, 28 November inthe article "Riyad Bank Quadruples Capital" on page B3. Mr. al-Malikwas formerly Deputy Governor of SAMA. responsible for international investments.