VOL. XXXI
NO. 16
25-JANUARY-1988
Financial and Banking News
INVESTMENT ACTIVITIES
KIO Stabe in Banco Central Transferred to New Construction Company
The Kuwait Investment Office (KIO), which has been trying to swap its 6%stake in Spain's largest bank, Banco Central, for a 48.8% stake in a newconstruction holding company which will own 12.5% of Banco Central (MEES, 7December 1987), seems to have won the day with the announcement on 20 Januarythat Banco Central's chairman, Mr. Alfonso Escamez, has...
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