VOL. XXXII
NO. 21
27-FEBRUARY-1989
Financial and Banking News
INVESTMENT ACTIVITIES
KIO To Withdraw from Spanish Banking
The Kuwait Investment Office (KIO), whose activities in Spain have beenbathed in a glare of publicity during recent months, has decided to pull out ofits involvement with the controversial merger between Banco Central and BancoEspanol de Credito (Banesto). The KIO's presence in this affair is the result ofits partnership with two prominent entrepreneurs in the holding company...
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