VOL. XXXVI
NO. 28
12-APRIL-1993
Financial and Banking News
BANK RESULTS
ABC Plans Capital Increase, Announces Audited Figures For 1992
Arab Banking Corporation (ABC), the Middle East's leading international bank,is to seek around $250mn in fresh capital, according to its Chairman, Mr.Abdulla Saudi. Speaking on the publication of the bank's audited accounts for1992, Mr. Saudi said the new money would finance expansion in the Far East andin the Arab World. It would also expand the bank's shareholder...
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