Resources for Basel II Capital Accord (Basel II)

HSBC Bank predicts a business boom for 2008

www.business24-7.ae

The increase in wealth generated by oil and gas revenues in the GCC, especially in the UAE, is creating high growth rates in business opportunities and accordingly creating more potential for commercial banking in the region. Keith Bradley, regional head of commercial and transaction banking at HSBC Bank Middle East, told Emirates Business he expects between 15,000 and 18,000 new businesses to enter the UAE market this year due to the attractive business environment.

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