PAPER WRAP-UP: Middle East Banking Sector Analysis 2007-2011

Published by Research and Markets, August 2007, 140 pages, purchase here.

This report can be purchased as an electronic PDF for EUR 1,926 (USD 2637); in hard copy for EUR 2,354 (USD 3223); on CD-ROM for EUR 2,354 (USD 3223); and a site license can be purchased for EUR 2,996 (USD 4102).

Research and Markets’s Middle East Banking Sector Analysis (2007-2011) provides an detailed report of the country-wide banking sector in Middle East, including products and services. Research and Markets, based in Dublin, Ireland, is a market research firm, and the largest market data provider in the world. The new report, targeted towards investors, financial service providers, and global banking players, offers an overview of opportunities critical to the success of banking industry in the Middle East.

Key issues and questions addressed include the following: how competitive is the market landscape for banking industry in the Middle East? What is the nature of services driving the banking sector in the Middle East countries? What are the country and region-wide opportunities and challenges for this industry? What are the prospective areas of investment for the banks in near future? Which factors will lead to the growth of bankcards, loans and deposits in the Middle East? What is the extent of foreign penetration in the Middle East banking industry?

Key findings include: the total bank loan demand in the Middle East is expected to grow at the compound annual growth rate (CAGR) of 21.81% during 2007-2011; the total bank deposit of the region is expected to grow at the CAGR of 19.18% during 2007-2011; bancassurance and the insurance market are expected to present increasing opportunities, as current insurance market penetration stands at less than 10%; the potential for the Middle East banking sector is vast, given that today’s microfinance intermediaries meet around 5% of the region’s total microfinance demand; a growing population with an increasing proportion of the young and educated—who have a strong knowledge base and understanding of banking products and their need—is a main driver for banking in the Middle East.

The key products analyzed in the report are Deposits, Credit Cards, Debit Card, Loans, ATM, POS (Point of Sale) Terminals and Bancassurance (the provision of insurance products by a bank). An overview of key players in the Middle East banking sector includes facts and financials for the following companies: including National Bank of Bahrain (NBB), Bank Hapoalim Ltd, National Bank of Kuwait (NBK), National Commercial Bank (of Saudi Arabia) (NCB), Oman International Bank (OIB), Jordan Ahli Bank (Ahli), Bank Saderat (of Iran), National Bank of Dubai (NBD), Qatar National Bank (QNB) and Akbank (of Turkey).

–Chryssa Rask, MicroCapital Writer

Additional Resources:

Research and Markets: Middle East Banking Sector Analysis (2007-2011)

Business Wire: Total Bank Loans Demand in the Middle East Is Expected to Grow at the CAGR of 21.81% During 2007-2011

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