NO. 51


Financial and Banking News

Gulf Banks Well Placed To Fund Regional Development, For The Moment

Andrew Cunningham of MEES Reviews 1992 Performance of Gulf Banks.

More than ever before, Gulf banks are being asked to take the lead infinancing the development of their home countries. Private sector credit, loansto parastatal industries and purchases of government debt instruments are allincreasing as a proportion of Gulf banks' balance sheets. Internationaloperations...