VOL. XXXII
NO. 24
20-MARCH-1989
Financial and Banking News
REGIONAL BANKING
BPP Falout Raises Protests
The after effects of last month's closure of the Paris branch of Banque deParticipations et de Placements (BPP) (MEES, 6 March) have naturally beenunpleasant for depositors of the bank. Following the intense controversy whicharose after the Al Saudi Banque collapse last year, when all banks in thecountry were obliged to contribute towards the rescue whether or not they hadany relationship with the...
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