Thursday, May 3, 2012

Islamic banks have work cut-out with sluggish growth rates

Declining growth rates are occurring in key geographies including KSA, Bahrain and the UAE, where growth rates have dropped to between three and eight percent from double-digit figures. In parallel cost income ratios are increasing in most markets, putting pressure on profitability.

Strategically Islamic banks need to revisit their positioning and decide whether they want to fully exploit the Islamic banking niche or compete head on with conventional banks
© 2012 CPI Financial. All rights reserved.

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Source: http://www.albawaba.com/business/islamic-banks-growth-rates-423328

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