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.
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Notes and References
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© 1991 John R. Presley and Rodney Wilson
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Presley, J.R., Wilson, R. (1991). The Role of Gulf Banks in International Financial Markets. In: Banking in the Arab Gulf. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10791-9_7
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DOI: https://doi.org/10.1007/978-1-349-10791-9_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-10793-3
Online ISBN: 978-1-349-10791-9
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