Banking and Oil. The History of the British Bank of the Middle East. Volume 2
Details:
- Author(s) Jones, Geoffrey
- Publication type Monograph
- Year published 1997
- Pages 359pp; illus
- Publisher Cambridge University Press
- Place Published Cambridge
Topics:
Countries:
Library:
- Name British Library
- City London
- County Greater London
- Country England
- Postcode NW1 2DB
- Visit British Library's website
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Notes:
Deals with the bank's history from largely early 1950s following its withdrawal from Iran and the extension of its business to other Middle Eastern states, such as Kuwait, Dubai and Oman, as their oil based economies grew substantially in importance; with much on the development of the bank itself and on its acquisition in 1960 by HSBC. Provides a detailed history to 1965 and more generally thereafter. Also contains extensive appendices - balance sheet analysis, 1940-84; net profits, 1940-60; geographical distribution of loan, etc, business, 1942, 50, 59, 67; profits by branch, 1942-65; etc; etc. Structured in three parts: 1] 'The bank's transformation' - 'From imperial bank to BBME, 1942-52' / 'Oil and expansion, 1952-61' / 'The Hongkong Bank Group' / The bankers, 1909-14'; 2] 'Regional banking' - 'Special relationships - Kuwait, Dubai and Oman' / 'Patterns in Gulf banking' / 'Banking in liberal economies' / 'Roads to nationalisation - Syria, Iraq, Aden and Libya' / 'New and old worlds'; 3] 'Retrospect and recent developments' - 'BBME in outline since 1966' / 'A century of overseas