VOL. XLII

No. 23

7-June-1999

JORDAN

The Shoman Principle

Prior to the inauguration of the banks new Cyprus headoffice in Nicosia on 2 June, Mr. Abdulmajeed Shoman, Chief Executive Officer(CEO) of the Arab Bank Group, assessed the current status of the banksoperations and its future plans in an interview with MEES Associate EditorClare Woodcraft.

Despite a shift away from emerging markets globally, in 1997the Arab Bank witnessed an increase in MENA lending while its European andNorth American...