Financial and Banking News


AFS Gets Six New Shareholders 

The Bahrain-based Arab Financial Services Company (AFS) has increased its paid-up capital to $30mn and accepted six new shareholders, bringing the total to 61 Arab banks and financial institutions. The new shareholders are Burgan Bank, Libyan Arab Foreign Investment Company, National Bank of Bahrain, Tunis International Bank, Banque Arabe Libyenne-Mauritanienne pour le Commerce Exterieure et le...