The GCC banking sector is poised for a transformative shift from resilience to regeneration in an uncertain global economy. Retail banks are already transforming to meet a rapidly changing financial landscape
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Latest in GCC banking
GCC banking
GCC Banks’ profitability to remain strong in 2024: S&P
Banks in the GCC will be strong in 2024 as interest rates stay relatively high, according to S&P Global
GCC banking
GCC banks will remain profitable in 2024 despite economic headwinds: S&P
S&P Global’s GCC Banking Sector Outlook 2024 optimistic despite challenges
Ahli United Banking Group
Thought leadership: In conversation with Samih Abutaleb, Deputy Group CEO, Tech and Ops at AUB (Ahli United Banking Group)
With consumer banking behaviour increasingly shifting towards digital channels, Samih Abutaleb, AUB Deputy Group CEO, Tech and Ops reveals that bank-tech will be the single most important driver of the future of banking
digital banking
Appetite for digital banking grows in the Gulf as Covid pandemic continues
New survey shows 89% of consumers are now more likely to opt for digital services rather than make a visit to a bank branch
bank merger
The threat of more bank mergers in the post-pandemic GCC region
The myth of “too big to fail” just doesn’t hold up and bank mergers result in more pricing power for large banks that eliminate market choices, says Dr Sheikh Selim
GCC banking
How Gulf banks might control ‘bad loans’ amid ongoing pandemic crisis
Arthur D Little says it is inevitable that non-performing loans will rise ‘quite substantially’ in the next year or two
GCC banking
Citigroup plans to triple wealth management assets in the UAE
Citibank UAE is also targeting to quadruple the number of affluent clients in the country
banking
Saudi investment expected to flow back into Qatar
Fitch Ratings says Saudi Arabia funds will return to Qatari banks following restoration of ties
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#Inclusion
How the GCC’s leading banks can use inclusion to advance their businesses
Diversity, accessibility, and inclusion are concepts that have recently become increasingly popular around the world