Tue, Sep 2, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Research more

KAMCO: Analysis of GCC banks’ loan portfolio & deposit base

Posted on 04 February 2010

From Zawya.com: Fuelled by the economic boom and the rally in oil prices which resulted in the accumulation of huge reserves by the GCC countries, the banking sector had witnessed double digit growth in its loan portfolio and deposit base over the period 2004-2008; loans grew at a 5-year CAGR of 32% to reach USD 609 billion at the end of 2008, while total deposits grew at a slower pace with a 5-year CAGR of 27% to reach USD 725 billion at the end of 2008.
However, growth in loan portfolio and deposits lost momentum during the first 9 months of 2009 with a marginal increase for each of 2%…………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930