VOL. XXXI

NO. 16

25-JANUARY-1988

Financial and Banking News

REGIONAL BANKING

FBME Launches International Futures

Fund Federal Bank of the Middle East (FBME), one of the first banks licensedto operate an offshore banking unit in Cyprus, on 18 January launched a newinvestment fund to be known as the FBME Mint Guaranteed n c. The fund is a blendof international futures and bank deposits designed to achieve high long termcapital growth, while at the same time guaranteeing investors that at the end of...