National Bank of Bahrain plans new note
Bahrain: Wednesday, April 16 - 2008 at 13:10
National Bank of Bahrain has announced plans to launch a second tranche of its Mena note in the third week of April, reported the Bahrain Tribune. The bank received a good response to its initial MENA note and closed subscriptions on March 19, but there were several institutions and individuals who could not participate in the note due to various reasons, said Hussain Al Hussaini, Executive Assistant General Manager of the bank. The Note offered exposure to the fast-growing Middle East & North Africa stock markets through EFG Hermes MEDA Fund. The launch is subject to regulatory approval.
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Jeff Florian, Senior ReporterWednesday, April 16 - 2008 at 13:10 UAE local time (GMT+4)
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