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Arab banks reorient their priorities as they look east

Posted on 31 May 2010

From Gulfnews.com: Arab banks have long neglected the East and their priority now is to focus towards the fast-developing region, said Sulaiman Al Mazroui, board member of the Union of Arab Banks (UAB), in an exclusive interview with Financial Review.

“We shouldn’t just concentrate on the West, [but] explore opportunities in India, China, Japan, the Far East, Malaysia, Indonesia [and] Singapore,” he said. “There are huge developments there.”……………………………………Full Article: Source

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