VOL. XXXII
NO. 24
20-MARCH-1989
Financial and Banking News
REGIONAL BANKING
CI Calls NCB Undercapitalized, Questions Provisioning
The Cyprus-based bank rating agency, Capital Intelligence (CI), last weekpublished an analytical report on National Commercial Bank (NCB) of Saudi Arabiawhich called the premier Saudi bank undercapitalized and raised questions aboutthe adequacy of its loan loss provisions. CI argues that NCB's seniormanagement, who are members of the Bin Mahfouz family, has been...
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