"Almost 98 percent works for making the sale and purchase documents have been complete. There are a few issues that need to be settled and we hope we can settle those in the next meeting on Sunday," said Sir Frank Peters, senior adviser to the prince.

Peters was talking to a group of journalists after a meeting with the Privatisation Commission in Dhaka yesterday.

He said under the management of Saudi prince, Rupali Bank will be the best bank in the history of Bangladesh.

He said prince Bandar hopes to arrive in Dhaka soon to sign the agreement and officially take over the bank.

"The purchase of the Rupali Bank by prince Bandar, by-and-large, can be attribute to prince Moosa Bin Shamsher, who is his partner in many similar major projects throughout the world," Peters also said.

Replying to a query, Peters said the negotiation is going on with the Bangladesh government for buying the rest 26 percent shares of Rupali Bank owned by the government.

Privatisation Commission Chairman Enam Ahmed Chaudhury said, "After Sunday's meeting the sale and purchase documents will be ready for signing and we will ask the Saudi prince to pay US$ 330 million in a single chunk before signing the deal," he said.

Meanwhile, representatives of law ministry, Bangladesh Bank, Privatisation Commission, finance ministry and the Saudi prince attended yesterday's meeting.

Earlier on August 27, the commission declared the Saudi prince the highest bidder. On October 5, the then prime minister Khaleda Zia okayed the bid of $330 million to buy 67.26 percent stake in Rupali Bank.

In March last year, the government assigned the Privatisation Commission to sell the bank.