VOL. XXX

NO. 24

23-MARCH-1987

Financial and Banking News

INVESTMENT ACTIVITIES

ABC Sets Up US, Dutch Joint Ventures

The Bahrain-based subsidiary of Arab Banking Corporation (ABC), ABCInvestment and Services Co., has recently established two joint ventures withother financial institutions. The first is American Bridge Finance LimitedPartnership (ABFLP), which is to specialize in providing bridging or convertibleloans of $1-5mn for small and medium-size US companies in the run-up to publicflotation...