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Retail BANKS

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Retail Banks to Record Subdued Revenue Growth in UAE, KSA, Kuwait
February 23rd, 2021 - 12:15 GMT

Retail Banks to Record Subdued Revenue Growth in UAE, KSA, Kuwait

The retail banking sector in three key economies in the GCC is expected to record subdued revenue growth till 2024 compared to the robust increase during the five-year period before 2019. Boston Consulting Group said in the UAE, Saudi Arabia, and Kuwait the retail banking revenue growth in the 2019-24 period, even in a quick-rebound scenario, would only be at a compound annual growth rate of 1.6 percent or from ...
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