VOL. XLVI
No 26
30-June-2003
BAHRAIN
REGIONAL BANKING
ABC Puts Banco Atlantico Up For Sale, Is Close To Selling Hong Kong Operation
In line with its plans to divest of non-core subsidiaries and focus on the Arab world, Bahrains largest bank, Arab Banking Corp (ABC), is putting its controlling interest in Banco Atlantico up for sale, MEES understands. ABC has appointed Deutsche Bank as its advisor for the sale, which could possible see it retain a minority interest in the Spanish bank. ABC is also...
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