Gulf Banks Emirates Bank
Gulf Banks are setting up shop in sunny Singapore.
The latest is the Emirates Bank (Dubai based - ROE last year was 25.5%) at Raffles Place.
This follows Qatar National Bank, Doha Bank.
Both like the UAE(United Arab Emirates) are members of the Gulf Cooperation Council
The only Arab bank with a wholesale licence here is the National Bank of Kuwait.
Source: The Business Times 061030
The latest is the Emirates Bank (Dubai based - ROE last year was 25.5%) at Raffles Place.
This follows Qatar National Bank, Doha Bank.
Both like the UAE(United Arab Emirates) are members of the Gulf Cooperation Council
The only Arab bank with a wholesale licence here is the National Bank of Kuwait.
Source: The Business Times 061030
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