VOL. XXXII

NO. 40

10-JULY-1989

Financial and Banking News

REGIONAL BANKING

Investcorp's New Fund Is Oversubscribed

The Bahrain-based Arabian Investment Banking Corporation (Investcorp) hasraised the capital of the trading fund it set up less than a month ago to investin European private companies from the original 30mn to 50mn, following a200% oversubscription of its shares by private investors and organizations. Although Investcorp has received subscriptions totalling 60mn, it hasdecided to limit...