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BANKING & FINANCE - Feb. 11, 1992

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From Times Staff and Wire Reports

Abu Dhabi BCCI Depositors to Get 40% of Assets: Banking officials, who asked not to be named, said no decision has been made for other payments to the local depositors or those abroad. But they said they expected depositors at the eight United Arab Emirates branches of Bank of Credit & Commerce International to recover 80% of their assets. As for the other depositors, they might retrieve 30% to 40% from a compensation pool of $2.2 billion that liquidators were still negotiating with the Abu Dhabi shareholders. Of the bank’s 1.3 million worldwide depositors, 35,000 are in the U.A.E.

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