Financial and Banking News
REGIONAL BANKING
Arlabank Announces Shareholder Support Program
The Bahrain-based Arlabank International approved a $950mn shareholders' support program on 21 June. This replaces a $300mn shareholders' standby facility which was arranged in 1983, and which the bank announced would be phased out earlier this year (MEES, 19 May). The new support program comprises two branches: $450mn is immediately committed and $500mn is available as a second stage...
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