VOL. XXXVI

NO. 6

9-NOVEMBER-1992

Financial and Banking News

REGIONAL BANKING

ABC and AFS to Open Office in Cairo

Arab Banking Corporation (ABC) and Arab Financial Services (AFS) hope to openoffices in Cairo soon. National Bank of Egypt has recently become a shareholderin AFS. and this has given the company an opportunity to develop its operationsin the country more fully (MEES, 19 October). For ABC, a move into Egypt willfurther strengthen its presence in the Arab world, which now includes...