A.T. Kearney: Middle East Banking Market - The 2012 Outlook
Profitability and asset growth in the GCC banking market have grown significantly since last year. This development is due to a favourable regional macroeconomic environment as well as reduced cost of risk. Since the facts correspond with A.T. Kearney's banking outlook from 2011, optimistic attitudes though with some cautiosness return. Markable differences in the growth rate and profitability of the UAE countries over the last year are discussed.
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