VOL. XXXII
NO. 16
23-JANUARY-1989
Financial and Banking News
REGIONAL BANKING
Buyers of NBP's Al-Jazira Stake Identified
The buyers of National Bank of Pakistan's (NBP) 35% stake in Bank Al-Jaziraof Saudi Arabia have been identified as a group of 15 private Saudi investorsled by Mr. Mahfuz Salim ibn Mahfuz. The latter, although coincidentally a deputygeneral manager at National Commercial Bank (NCB) of Jiddah, is acting in aprivate capacity, and the NBP stake has no connection with either NCB or...
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