VOL. XLIV
No. 23
4-June-2001
Arab Banks Must Consolidate And Accelerate Efficiency Drive
Arab banks have been slow to capitalize on the globalization of financial markets as a way of improving their efficiency, productivity and profitability. With the growing consolidation of the international banking arena through the creation of mega-banks, the introduction of a single currency in Euroland and the adoption of global electronic transaction systems such as Continuous Linked Settlement (CLS),...
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