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GCC banking sector thrives amid ongoing industry crisis in US and Europe

By Puja Sharma

October 18, 2023

  • AI
  • Banking Services
  • Cross-Border Digital Banking

According to the EY MENA H1 2023 Banking Report, the region experienced a remarkable year on year (YoY) growth with a 30% surge in net profits and a 12.2% increase in net assets. Meanwhile, YoY returns on equity recorded a rise of 6.18%, and the net interest margin grew by 0.2%. This robust performance extended to […]

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