Titlebook: Banking in the Arab Gulf; John R. Presley,Rodney Wilson Book 1991 Palgrave Macmillan, a division of Macmillan Publishers Limited 1991 bank

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The Role of Gulf Banks in International Financial Markets,mselves. Trading and financial links with the outside world are of paramount importance for the Gulf given the resource endowment of the region. The banks in the Gulf naturally aim to service these flows, which generate a major part of their business.

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Challenging the Ambiguity of the , Form,cater for a relatively small number of expatriate workers; local banks were scarce as subsistence agriculture dominated Gulf economies and the cash and barter society flourished; oil had not yet been exploited, nor the seeds of industry sown; only the Hijaz region of Saudi Arabia was the exception t

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Matthew C. Strecher,Paul L. Thomasderable demands upon its banking system. As this chapter will show, these challenges have been met in the main by the commercial banks working alongside a limited number of highly active, semi-government funding agencies. The banking habit has established itself in Saudi Arabia, but it has been slow

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https://doi.org/10.1007/978-94-6300-462-6nks for at least some of their financing needs. The ratio of aggregate bank deposits to gross domestic product is over twice the Saudi Arabian level, an important indicator of the extent to which the banking habit has caught on within the country. The National Bank of Kuwait, the leading domestic ba

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https://doi.org/10.1007/978-3-663-20173-1 and the historical experiences of each have been quite dissimilar. The justification for including both in the same chapter is not merely organisational convenience or the fact that each state is considered too small to merit a chapter on its own. Rather the reason is that this is a book on banking

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https://doi.org/10.1007/978-3-663-01876-6b-continent and Iran. The British Bank of Iran and the Middle East (later BBME) set up an office in Dubai in 1946, based largely upon the trading connections between Southern Iran and Dubai and the exchange requirements, in terms of Iranian rials and Indian rupees, of the rich merchant families. Whe

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Book 1991Reflects the state of banking in the Arab Gulf and activity in the region‘s financial markets. Each chapter examines the development of commercial banking, monetary policy and the role of the central banks, and the role of specialized financial institutions.

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