Middle East Banking Sector Set to Touch New Heights

The banking sector has been expanding at an exceptional rate in the Middle East countries, with domestic banks diversifying their products and services to outperform global competitors.

Noida, India (prHWY.com) February 20, 2012 - The Middle East, one of the world's fastest growing banking markets, has been witnessing banks and financial institutions across the region making huge investments in various financial products and services to match or outshine their international peers. According to a new research report by RNCOS, the commercial banks, which operate in competitive environment that includes less government intervention and low market concentration, are likely to be more efficient in coming years. With such developments, the Middle East banking assets are expected to grow at a CAGR of around 16% during 2011-2014.

Research Analysis & Highlights

The report, "Middle East Banking Sector Analysis", is spread over 130 pages and provides extensive research and exhaustive analysis on the banking sector in each Middle East country and their products and services. Activities of prominent market players and regulatory developments in each country have been discussed in detail in the research study. These will help clients understand and analyze the factors critical to the success of the banking industry in the Middle East countries. Detailed information and its analysis will also assist investors, financial service providers, and global banking players in designing appropriate strategies as per market dynamics.

Some of the key findings of the report are:

- In 2011, Saudi Arabia stood at the top in the ME region with banking assets worth US$ 850.5 Billion.
- The Middle East is one of the largest Islamic banking markets in the world.
- Turkish banks have witnessed rapid growth in both lending and deposits.
- Credit cards are rapidly emerging as a major mode of payment in the region.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM370.htm

Some of our Related Reports are:

- Indian Payment Card Market Forecast to 2012
(http://www.rncos.com/Report/IM006.htm)
- China Credit Card Market Outlook to 2013 (http://www.rncos.com/Report/IM002.htm)
- Opportunities in Brazil Banking Sector (http://www.rncos.com/Report/IM523.htm)
- Turkey Banking Sector Forecast to 2012 (http://www.rncos.com/Report/IM177.htm)
- China Banking Sector Analysis (http://www.rncos.com/Report/IM315.htm)

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: middle east banking, qatar banking sector, qatar bank asset

Categories: Business

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