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Author:
Title:Bahrain's body blow
Journal:Banker
1990 : NOV, VOL. 140:777, p. 76, 78
Index terms:BAHRAIN
BANKING
FINANCIAL CENTRES
Language:eng
Abstract:Assessment of the development of Bahrain as an offshore banking centre, linked to events in Lebanon and Kuwait. Foreign banks that moved in. Weakness of dollar. Forward exchange market in Saudi riyals. Defaulting Saudi companies and late launch of Bahrain's banks. Role of Bahrain Monetary Agency. Shortage of interbank lines. Departure of Japanese bank staff.
SCIMA record nr: 84394
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