VOL. XXXII
NO. 50
18-SEPTEMBER-1989
Financial and Banking News
REGIONAL BANKING
EBI Sells Colombo Branch
The Colombo branch of Emirates Bank International (EBI) has been sold to aprivately-owned Sri Lankan bank, Hatton National Bank. The date of thetakeover is set for October, but no details of the sale have been revealed byeither bank. The Dubai-based EBI, which until last year was known by its formername as Union Bank of the Middle East (UBME), has recovered from a series of baddebts in the local...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!