Financial and Banking News
INVESTMENT ACTIVITIES
Upgraded BIS Data Identifies $15bn Middle Eastern Net Assets
A significant improvement in the data collection of the Basle-based Bank for International Settlements (BIS) involving the incorporation of Bahrain-based banks into the BIS-reporting area has resulted in much better coverage of the Middle East and a $14.9bn increase in the net foreign assets of the principal countries in the area. As of the end of 1983, the foreign assets of...
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