Banking

FO 371/168930 1963
Description

This file contains correspondence relating to:

  • Opening of Eastern Bank and Ottoman Bank branches in Buraimi (1)
  • New National Bank of Dubai and the attitude of the British Bank of the Middle East (BBME) (2)
  • Memo [enclosed] agreed by the three banks in Abu Dhabi, about Sheikh Shakhbut Bin Sultan Al Nahyan's recent taxation demands (3)
  • Ruler of Dubai Sheikh Rashid Bin Saeed Al Maktoum's wish to permit the First National City Bank to open a branch in his territory and protestations by the BBME that this breaches their agreement (4-6)
  • Exchange/currency control and the authority of the Political Agency in Abu Dhabi to approve transfers (7)
  • Eastern Bank's intention to open a branch in Dubai now the agreement with BBME is dead (8)
  • BBME's enquiry as to whether any complaints have been lodged about the lack of cooperation by the bank's manager in Abu Dhabi (9)
  • Opening of an Arab Bank branch in Sharjah and its wish to open one in Dubai (10)
  • Opening of a First National City Bank branch in Dubai (11)
  • Chartered Bank in Abu Dhabi and Sheikh Shakhbut's relationship with the banking sector (12)