NO. 6


Financial and Banking News

Regional Banking

Bahrain Names Shareholders for New Development Bank

Bahrain's Ministry of Finance announced on 6 November that the BahrainDevelopment Bank (BDB) would begin operations on 1 January 1992 (MEES, 28October). Shareholders in the bank will include the Ministry of Finance andNational Economy, the General Organization for Social Insurance, Governmentpension funds, the National Import and Exports Company, and the GovernmentHousing...