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Author:Shreeve, G.
Title:Saudi International Bank A price worth paying
Journal:Banker
1988 : JUNE, VOL. 138:748, p. 10
Index terms:BANKING
SAUDI ARABIA
DEBT FINANCING
Language:eng
Abstract:Review of the Saudi International Bank (SIB), a London based consortium. The purchase of its Latin American debt by shareholders. The Saudi Arabian Monetary Agency (Saudi government) main shareholder. How restructuring reduced bank's assets and net loss compared to net profit. No dividend paid. More fee income business and move to capital market and treasury sectors.
SCIMA record nr: 69649
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