The Bank of Credit and Commerce International was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. [1] The bank was registered in Luxembourg with head offices in Karachi and London.

Jul 29, 1991 · Nothing in the history of modern financial scandals rivals the unfolding saga of the Bank of Credit & Commerce International, the $20 billion rogue empire that regulators in 62 countries...

Jul 11, 1991 · BCCI was seized last Friday by banking regulators in Britain, Luxembourg, the United States, Switzerland, Spain, France and the Cayman Islands after an audit discovered that the bank was hiding...

Jul 7, 2020 · Instead, the story of this bank—the Bank of Credit and Commerce International, or BCCI—takes place decades ago, from the late 1970s to the early 1990s. It’s a saga that has been largely...

This book details the origins and operations of the Bank of Credit and Commerce International (BCCI), which became extensively involved in money laundering, the financing of arms sales to terrorists, and the financing of drug traffickers.

Aug 19, 2016 · The bank was established in 1972 by Agha Hassan Abedi, a Pakistani banker who envisaged a bank focused on the third world, and was incorporated in Luxembourg, with headquarters in London. Abedi had financial help in setting up the bank from Abu Dhabi, which became BCCI’s major shareholder.

The Bank of Credit and Commerce International (BCCI) was founded in 1972 in Luxembourg, with its central office in London, UK. By 1991, it operated over 450 branches in 73 countries.

The Bank of Credit and Commerce International (BCCI) was an international bank founded in 1972 by Agha Hasan Abedi, a Pakistani financier. The bank was registered in Luxembourg with head offices in Karachi and London.

The Bank of Credit and Commerce International was an early exponent of rent-seeking from the public through financial intermediation. Was it uniquely corrupt or unjustly singled out?

May 9, 2011 · The story of the Bank of Credit and Commerce International is extremely important to understanding the relationships between Pakistan, terrorist financing and the CIA.