Wed, Nov 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

GCC banks lagging behind European peers in serving customers

Posted on 13 September 2010

From Arabnews.com: While the global financial crisis has forced commercial banks in other parts of the world to close expensive branches and look for ways to cut costs, the focus in the UAE and Saudi Arabia has been on finding ways to grow in a high-potential burgeoning market, according to experts.
“Consider that for every 17,000 people in Saudi Arabia there is only one bank branch. To put that in perspective, there are roughly 2,000 people per branch in most European countries,” Julien Faye and Philippe De Backer in a report said……………………………………….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.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930