VOL. XXXIX
No. 55
14-October-1996
BAHRAIN
First Gulf Pacific Bank To Set Up In Bahrain
The Bahrain Monetary Agency (BMA), Bahrain's central bank, has granted a new $100mn investment bank a license to operate as an offshore banking unit on the island. According to a statement, First Gulf Pacific Bank (FGPB) has been founded by a group of prominent international investors led by Saudi Prince Nawwaf ibn 'Abd al-'Aziz who has business interests in Egypt, North America, Europe, Australia and New...
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