VOL. XXXVI
NO. 6
9-NOVEMBER-1992
Financial and Banking News
REGIONAL BANKING
Saudi Banks Withdraw Deposits from Industrialized Countries
The Saudi banking sector withdrew $6,420mn from banks in industrial countriesduring the first three months of 1992, according to the latest quarterlybulletin from the Basle- based Bank for International Settlements (BIS). BISreporting banks in 18 industrialized countries and five offshore centers hadliabilities to the Saudi banking sector of $46,377mn at the end...
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