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.
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© 1988 Henry T. Azzam
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Azzam, H.T. (1988). A New Era for Gulf Banking. In: The Gulf Economies in Transition. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08970-3_6
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DOI: https://doi.org/10.1007/978-1-349-08970-3_6
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-08972-7
Online ISBN: 978-1-349-08970-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)