AUSTRALIA - BANKING - Middle East banks (Albaraka - QNB) turn to Australia

www.theage.com.au - MIDDLE Eastern and Asian banks are eyeing an entry into the
Australian market, with several believed to have started in recent
months the long process of securing a banking licence.
The move should fill a financing gap caused by some stressed European lenders scaling back their exposure to Australia.
Towards the end of last year, European groups pulled
$16.7 billion