VOL. XXXVIII

NO. 38

19-JUNE-1995

Financial and Banking News

Regional Finance

Chemical Bank Upgrades Lebanon Office

Chemical Bank in New York has announced plans to upgrade its office inBeirut, where it now has a representative office with two staff. Mr. YasirMurtada, Vice President Developing Markets, and a Lebanese national, willrelocate from New York to Beirut with a view to using the Lebanese capital asthe bank's regional headquarters for Jordan, Gaza, the West Bank and Arab banksin Europe. The...