NO. 24


Financial and Banking News

Regional Banking

Bahrain International Bank Purchases Boston Property

Bahrain International Bank (BIB) announced on 6 March that it had purchasedfor an undisclosed sum the Batterymarch Building in downtown Boston through itsReal Estate Investment Banking Group (REIBG), a joint venture between BIB andCoastal Funding Corporation of the US. BIB said it acquired the building, a14-storey, 272,000 sq.ft. office property in the heart of Boston's...