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...