NO. 7


Financial and Banking News

Regional Banking

Continuing Differences Between Mahfouzes And Kaakis Fail To Take Shine OffNCB's Results

Jiddah-based National Commercial Bank (NCB) was given the green light toissue its 1992 financial statements last week even though differences betweenthe Mahfouz and Kaaki families over the injection of new capital in the bank hadnot been resolved. The question of whether the Kaaki family will maintain itsshare in the bank, believed to...