In recent years, both conventional and Islamic banks in the Gulf Cooperation Council countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) have faced increased competition amid a challenging economic environment; this has been against a backdrop of liquidity pressures (especially in the relatively smaller banks), increasing operating costs and asset quality that is not improving.
Alvarez & Marsal Managing Director Asad Ahmed delves further in an article published in Islamic Finance news.
Click here to read the full article.
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Discover the latest insights in Alvarez & Marsal’s Q1 2024 KSA Pulse report, highlighting significant growth in loans & advances, deposits, and overall profitability.
ALVAREZ & MARSAL RELEASES Q1 2024 UAE BANKING PULSE
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Leading global professional services firm Alvarez & Marsal (A&M) has released its latest United Arab Emirates (UAE) Banking Pulse for the first quarter of 2024.
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Portuguese Banking Pulse FY 2023
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Alvarez & Marsal (A&M) is delighted to publish the fourth edition of the Portuguese Banking Pulse (“The Pulse”).