VOL. XXXVI

NO. 6

9-NOVEMBER-1992

Financial and Banking News

REGIONAL FINANCING

Al-Rajhi Arranges Leases for Three Kuwait Airways Airbuses

Saudi Arabia's Al-Rajhi bank has arranged finance leases for three AirbusA320s being purchased by Kuwait Airways Corporation (KAC). The bank hassyndicated one of the leases to Kuwait Finance House. KAC took delivery of thefirst aircraft on 2 November. It will take the second at the end of the monthand the third in December. Both Al-Rajhi and Kuwait Finance House...