VOL. XXXIX
No. 13/14
25-December-1995/1 January 1996
SAUDI ARABIA
Saudi Hollandi Looks To Increase Capital
Al-Bank al-Saudi al-Hollandi, in which the Dutch bank ABN- AMRO has 40% stake, is hoping to increase its capital from the current SR420mn ($112mn). In an interview with the Arabic daily Asharq al-Awsat ahead of the bank's annual general meeting, Cairman Sulaiman al-Suhaimi confirmed that the bank was in continuous contact with "the relevant parties" to raise capital in order to...
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