11.   Dealers said there was concern in Seoul over the price to pay for a massive International Monetary Fund bailout, including bank closures and sharply lower economic growth.

12.   Finance Minister Jovan Rankovic resigned last week after criticism over the bank closures.

13.   He said his office was studying the impact of the bank closures on local companies that deposited with liquidated banks.

14.   In the latest of a series of bank closures blamed on insolvency, the Bank of Uganda has closed Cooperative Bank.

15.   National Bank chairman Uraz Dzhandosov said he expects more bank closures before the end of the year, but would not give details.

16.   On the IMF standby agreement for South Korea, the statement said it would bring a fundamental change to the banking sector with bank closures and widespread restructuring.

17.   Rumors of bank closures panicked some Sofia residents, and they began lining up in front of banks well before they opened their doors.

18.   Speculation also continued that there would be more bank closures.

19.   The bank closures had prompted many people to place their funds in state and foreign banks instead of private banks.

20.   The bank closure came as a surprise to Cayman investors but there was no sign of protests.