JEDDAH, 17 December 2003 — The National Commercial Bank has launched a second car finance fund in cooperation with Abdul Latif Jameel Group, a press statement said. Abdul Kareem Abu Al-Nasr, deputy general manager of the bank, said he expected investment in the funds would reach SR1.5 billion. The first fund was launched in January, with assets estimated at SR462 million when the bank signed an agreement with ALJ’s United Installment Sales Company.