Unlike the alpha banks, Lebanon’s smaller banks in the beta (ranked 11th to 20th) and gamma categories (ranked 21st to 30th) are not wholly concerned about growth. Of course, it …
Banking
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Before the global financial crisis hit home, the main priority for banks in the UAE was how to decrease inflation rates. Another top concern in 2008 was dealing with the …
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“Asset growth for the seven leading GCC Islamic banks [in the first three quarters 2008] goes something like this. Abu Dhabi Islamic Bank plus 12%. Al Rajhi Bank plus 31%. …
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The ongoing global financial crisis has had limited effects on the Saudi banking sector. Fighting through recent years — with the 2006 stock market crash and a bullish year in …
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The Kuwaiti banking sector has learned a great lesson in the immediate aftermath of the global crisis. Financial challenges began in the third quarter, when the central bank decided to …
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In 2008, vibrancy in almost every sector in Qatar’s economy drove the banking sector to flourish. Luckily, the strength of the Qatari banking sector has prevailed amid the unceasing global …
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Omani banks have enjoyed substantial insulation from the turmoil of the international financial crisis. Banks across the sultanate have reported robust, double-digit growth performance throughout 2008. “Whilst the non-fee income …
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The Lebanese banking sector has shown strong resilience to economic and political shocks and has demonstrated a commitment to continuously support the Lebanese government in its arduous rehabilitation journey. With …
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Executive Magazine spoke with Dr. François S. Bassil, general manager at Byblos Bank and president of the Association of Banks in Lebanon, for his views on the Lebanese banking sector …
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In recent years, the Lebanese banking sector has been breaking records time and time again. Within the first nine months of 2008, Lebanese banks saw an astounding $7.8 billion increase …
