Trust is one of the banks’ major assets and it must be cultivated – also when it comes to payments. This should be a key element of your efforts to provide competitive payment solutions that generate value for firms and consumers. *** Undoubtedly, the higher trust in banks is to some extent due to regulation and oversight of the sector by public authorities.
Interestingly the picture to the Europeans is misleading if we look at it from absolute figures of imports. These have grown from US Dollars 7.21 billion in 2001 to US Dollars 15.12 billion in 2005, also the UAE gives the Euro Area about US Dollars 9 billion of trade surplus.