VOL. XXXI
NO. 42
25-JULY-1988
Financial and Banking News
REGIONAL BANKING
UAE Central Bank Official Calls for Bank Mergers
The UAE would benefit from further bank mergers, according to the DeputyGovernor of the Central Bank of the UAE, Shaikh Muhammad ibn Sultan al-Dhahiri.In an interview with the Emirates News Agency (WAM), Shaikh Muhammad said thatthe success achieved by merging banks in the past has been encouraging and thatthe performance of most of the local and foreign banks in the country in...
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