Tuesday 28, March 2017 by Jessica Combes

GCC Banks’ revenue growth rate dived to low single-digit and profits shrunk in 2016

In 2016 GCC banks’ revenues grew by 5.2 per cent, down about two percentage points from 2015, after a drop of three percentage points from 2014, according to a recent study by The Boston Consulting Group.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more