VOL. XXXVII

NO. 48

29-AUGUST-1994

Financial and Banking News

Regional Banking

Bahrain's Offshore Banks Look Ahead After Period Of Adjustment

After several years of consolidation and adjustment, Bahrain's offshorebanking market is looking stronger and more focused than any time in its recenthistory. The number of offshore banking units (OBUs) operating from Manama maynow be less than at any time since the 1970s, but all of the sevenlocally-incorporated banks now appear to have a future and the...