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Opec Fund, $3m Byblos stake
- Syria: Thursday, August 25 - 2005 at 07:11
The Opec Fund for International Development has agreed with Byblos Bank to take a $3m equity stake in the recently established Byblos Bank Syria. The Opec Fund is now the bank's second largest shareholder after its Lebanon-based parent company. BBS is expected to open in October with capital of $40m.
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James McInerney, News EditorThursday, August 25 - 2005 at 07:11 UAE local time (GMT+4)
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