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RegulationsMay 1 2012

Middle Eastern banks look to move up a gear

Armed with deep pools of liquidity, many Middle Eastern banks are exploring new avenues of growth, from expanding their regional presence to concentrating on innovation within the Islamic finance sphere.
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Middle Eastern banks look to move up a gear

The advent of the global financial crisis in 2008 has ushered in a new era of banking. As institutions strive to return to growth, they have been confronted with regulatory hurdles and changing economic landscapes. This has forced banks around the world to rethink their growth strategies and the Middle East banking industry has been no exception.

A desire to reinforce the quality of assets, protect existing market share, optimise balance sheet performance and pursue sustainable growth are all broad-brush themes that emerge throughout The Banker's Middle East and north Africa (MENA) banks strategies for growth report.

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