NO. 18


Financial and Banking News

Regional Banking

Dresdner Bank To Close Bahrain Office And Open In Dubai

Frankfurt-based Dresdner Bank is to surrender its Bahrain representativeoffice license and relocate to Dubai. The move is expected to be completed inFebruary. Mr. Werner Benz, the present General Manager of the Bahrain office,who will transfer to Dubai, says that the bank is relocating because it wantsto be closer to its major corporate clients, and more of them...