UAE: ACTIVITY OF FOREIGN BANKS FROM 1946-1971.(Brief Article)

From: IPR Strategic Business Information Database | Date: August 26, 2001 | Copyright information

Al-Bayan newspaper gave details in October 2000 on foreign bank activity in the country while it was a British Protectorate (1946-1971). The British Middle East Bank was the first foreign bank operating in the Protectorate. Its first branch office was opened in Dubai in 1946, and its second branch was opened in A-Sharjah in 1953. The third branch was opened in Abu...

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