VOL. XXXNO. 220-OCTOBER-1986

FINANCIAL AND BANKING NEWS

REGIONAL BANKING

BMA Licenses Two IBLs,

Two Rep Offices The Bahrain Monetary Agency (BMA) has recently issued twoInvestment Banking Licenses (IBLs). A new joint-venture between one of thesmaller Japanese security companies, Okasan and a group of Arab investors hasbeen licensed as Okasan International (Middle East), in which 51% of the $3mnpaid-up equity is held by Okasan and 11.25% each by Abdul Mohsen Abdul Aziz al-Babtainand Company of...