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Islamic Finance Briefing - Categorized | Banking, Performance more

Malaysia: Banking sector to grow at double GDP rate in 2013

Posted on 30 November 2012

The banking sector could grow at double the country’s gross domestic product (GDP) rate in 2013 based on strong third-quarter (3Q) growth this year and various projects under the Economic Transformation Programme (ETP) that will be implemented, says Malayan Banking Bhd (Maybank) president and chief executive officer Datuk Seri Abdul Wahid Omar.
The products offered are savings, financing and insurance which are under conventional banking model and it is planning an early 2013 offering of Islamic banking products………………………………………..Full Article: Source

 
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