VOL. XLI

No. 02

12-January-1998

BAHRAIN

ABC Announces Results Of Strategic Review And Seeks To ExpandRegionally

Bahrain-based Arab Banking Corporation (ABC) will reorganize intotwo business units, supported by three function groups, according to a statement issued on3 January announcing the results of a strategic review carried out by consultants ArthurAndersen. The review, said the statement, "calls for increased specialization ininternational financial activity(but)will result in the...