VOL. XXXIV

NO. 35

3-JUNE-1991

Financial and Banking News

Silver Linings To Dark Clouds Over Bahrain's Offshore Banking

MEES Associate Editor Andrew Cunningham reports from Bahrain on theprospects for Bahrain's offshore banking industry

There is no disguising the fact that the Gulf crisis has had a devastatingeffect on Bahrain's offshore banking market. All the locally-incorporatedoffshore banks which have declared results for 1990 have shown operating or netlosses. Of the overseas-incorporated...