VOL. XXXIX
No. 54
7-October-1996
REGIONAL BANKING
Gulf Banks Prosper As International Participation In Region Banking Increases
Banking in the Gulf region has been for the most part a highly profitable business for locally incorporated banks over the past 18 months. The benefits of higher oil prices on the economies of the six member states of the Gulf Cooperation Council (GCC) fed through to the balance sheets and profits of the commercial banks in 1995, and it looks, so far at least,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!