VOL. XXXVI

NO. 8

23-NOVEMBER-1992

Financial and Banking News

REGIONAL BANKING

Sparks Fly at Gulf Bank

Kuwait's Ministry of Commerce ordered that the annual shareholders' meetingof the Gulf Bank, Kuwait's second biggest bank, be postponed on 16 November, dueto alleged irregularities in the way invitations to the meeting had been issued.The annual meeting has been rescheduled for 5 December. Some shareholders onlyfound out about the postponement when they arrived for the meetings, with theresult that...