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A New Era for Gulf Banking

Henry T. Azzam

Chapter 6 in The Gulf Economies in Transition, 1988, pp 88-105 from Palgrave Macmillan

Abstract: Abstract A combination of declining lending activities, rising number of non-performing loans, more competition and government regulation, squeezed margins and greater lending risks are pulling down earnings of Gulf banks. Meanwhile, international banking is becoming more competitive as financial institutions link up to provide round the clock service in the new globalized deregulated market. A new era for Gulf banking is dawning that requires long term structural adjustment to cope with the challenging economic and business environment.

Keywords: Central Bank; Financial Institution; Monetary Authority; Banking Service; Islamic Banking (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08970-3_6

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DOI: 10.1007/978-1-349-08970-3_6

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