VOL.XXXVI
NO.15
11-JANUARY-1993
Financial and Banking News
REGIONAL BANKING
Saudi American Bank Agrees Bonus Share Plan
TheshareholdersofRiyadh-basedSaudiAmericanBank
(Samba)haveagreed todouble the bank's share capital by transferingSR600mnfromgeneralreserves,giving
shareholders a one-for-one bonus issue. The decision, which hadbeenexpected,wastakenatanextraordinary
shareholders' meeting on 5 January.Saudi British Bankis expectedto approve plans to increase its share capital to
SR1,200mn from...
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