VOL. XXXVI
NO. 8
23-NOVEMBER-1992
Financial and Banking News
REGIONAL BANKING
Bank of Bahrain and Kuwait to Eliminate Accumulated Losses
The directors of Bank of Bahrain and Kuwait (BBK), Bahrain's second largestcommercial bank, are proposing that institutional shareholders take a sharewrite down so that the bank can eliminate nearly all of its accumulated lossesbefore the start of next year. Shareholders were expected to approve thedirectors' proposal at an extraordinary meeting on 22 November....
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