VOL.XXXVI
NO.16
18-JANUARY-1993
Financial and Banking News
BANK RESULTS
National Bank of Oman Recapitalizes and Issues Statement of Affairs
National Bank of Oman (NBO), which used to be 40% owned by BCCI, haspublished a statement of affairs, dated 16 December 1992, which shows a solidbalance sheet. The bank's auditors, Peat, Marwick, Mitchell and Co., say that"while we have not performed an audit and do not express and audit opinion,based on our review, nothing has come to our attention that causes...
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