The Role of Gulf Banks in International Financial Markets

John R. Presley and Rodney Wilson
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John R. Presley: Loughborough University
Rodney Wilson: University of Durham

Chapter 7 in Banking in the Arab Gulf, 1991, pp 125-149 from Palgrave Macmillan

Abstract: Abstract Banking in the Gulf states has always had a strong external orientation since its inception, reflecting the extremely open nature of the economies themselves. 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.

Keywords: Commercial Bank; Trade Credit; Investment Company; Islamic Bank; International Financial Market (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10791-9_7

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DOI: 10.1007/978-1-349-10791-9_7

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