Download e-book for iPad: Banking and Finance in the Arab Middle East by Rodney Wilson (auth.)

By Rodney Wilson (auth.)

ISBN-10: 1349048178

ISBN-13: 9781349048175

ISBN-10: 1349048194

ISBN-13: 9781349048199

Show description

Read Online or Download Banking and Finance in the Arab Middle East PDF

Best banking books

Cybercash: The Coming Era of Electronic Money - download pdf or read online

Cybercash refers back to the construction and circulate of on-line cash. Guttman applies financial research to this digital funds to appreciate the way it will let the web to re-establish itself because the dynamic heart of the hot economic system and the way this new cash shape turns into the dominant cost mechanism rivaling funds, paper tests or charge cards.

New PDF release: International Loan Documentation

An in depth examine of the phrases of overseas personal loan documentation with complete reasons of the aim of the provisions and of parts which can require negotiation and with an emphasis at the wording of the mortgage industry organization records. The e-book presents a hugely sensible and entire source for bankers and legal professionals, in any respect degrees of expertise, fascinated about overseas lending.

Get Islamic Law and the State: The Constitutional Jurisprudence PDF

This publication bargains with an Ayyubid-Mamluk Egyptian jurist's try and come to phrases with the aptitude clash among energy, represented within the nation, and authority, represented within the colleges of legislations, quite in Mamluk Egypt, within the context of the operating heritage of Islamic legislation from the formative interval within which ijtihad was once the dominant hegemony, into the post-formative interval in which taqlid got here to dominate.

adrian paradis's Opportunities in banking careers PDF

Presents an summary of the banking and knowledge on academic requisites, employment possibilities, salaries, and development chances during this box.

Additional info for Banking and Finance in the Arab Middle East

Example text

15 As the National Bank's agricultural lending scheme grew in both scope and scale, it was forced to go to the government for more funds, and as a temporary measure LE250,000 was advanced early in 1902 to help finance more loans, as those already outstanding amounted to over LE400,000. Later the same year however the decision was taken to establish a separate agricultural bank with its own funds, to be wholly owned by the National Bank, which would also exercise ultimate control. 5 million, took over the National Bank's agricultural business.

14 Of the 15,269 loans outstanding in September 1901, 3326 were repayable within a year, and 11,943 within five years. The new five-year loans were of course for greater amounts than the annual loans, but the average amount of credit granted still only worked out at under LE30, well within most peasants' capacity to pay over the longer period. There is little doubt that Palmer's venture was of considerable benefit to many in the rural areas, and encouraged the spread of cotton cultivation by smallholders which added to Egypt's export earnings.

With business in a state of depression, customers no longer wanted credit, especially for the finance of the cotton trade, the mainstay of Egypt's economy. The decline in deposits was more gradual and less severe in magnitude, but nevertheless serious, with their value declining by a quarter between 1920 and 1921 alone, and with a further 14 per cent fall the following year. The National Bank fared less badly during the crisis than most of its competitors, but as the supposed central bank in Egypt, it was blamed by many for the financial crisis, and out of expediency soon fell out of political favour.

Download PDF sample

Banking and Finance in the Arab Middle East by Rodney Wilson (auth.)

by John

Rated 4.39 of 5 – based on 10 votes