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Research and Markets: Middle East Banking Sector Forecast to 2013

DUBLIN, Nov 12, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/98aff2/middle_east_bankin) has announced the addition of the "Middle East Banking Sector Forecast to 2013" report to their offering.

The Middle East (ME) region is one of the world's fastest growing banking markets. The commercial banks that operate in competitive environment (with less direct government intervention, low market concentration and where foreign banks are allowed entry) are likely to be more efficient in coming years in the region. Most importantly, despite financial crisis in the world, banking sector in the region looks fundamentally strong, according to Middle East Banking Sector Forecast to 2013, our new research report.

According to this research, global recession has had an insignificant impact on the industry because of the conservative investment strategies practiced in the region. The least exposure towards toxic assets e.g. the US financial and property market and other problematic assets, kept the Middle East banking sector unaffected from crisis.

Central banks and other governing bodies in the region are taking many proactive measures to avoid any kind of discrepancies in the future, although the region is least affected compared to other parts of the world. Many Central banks are pumping money and maintaining liquidity through various measures to increase the confidence level of consumers. According to our research, banking sector of Turkey, the UAE, and Qatar will witness fast growth in the region along with other countries of the region.

Key Topics Covered: 1. Analyst View 2. Middle East Banking Industry - An Overview 3. Market Attractions 4. Market Performance - By Country 5. Islamic Banking 6. Industry Roadblocks 7. Prominent Players List of Tables List of Figures Companies Mentioned: National Bank of Bahrain Bank Hapoalim Ltd. National Bank of Kuwait National Commercial Bank Oman International Bank Jordan Ahli Bank Bank Saderat Iran National Bank of Dubai Qatar National Bank Akbank For more information visit http://www.researchandmarkets.com/research/98aff2/middle_east_bankin SOURCE: Research and Markets CONTACT: Research and Markets Laura Wood, Senior Manager, press@researchandmarkets.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Copyright Business Wire 2010 -0- KEYWORD: United States

North America

Middle East

New York INDUSTRY KEYWORD: Professional Services

Banking