UAE Banking Sector Analysis
Among the Gulf Cooperation Council (GCC) countries, the United Arab Emirates has the highest degree of banking intermediation in terms of assets, loans, and deposits. The high level of banking penetration in the UAE reflects its relatively developed banking infrastructure. As per the estimations, carried out in our new research report, the UAE’s banking sector will post a strong growth in the coming years, with banking assets registering a CAGR of around 8% during 2011-2014, despite various restraints, including weak asset quality, and increasing loan to deposit ratio.
According to the report, “UAE Banking Sector Analysis”, the sector has witnessed strong growth on back of benign interest rate scenario, and favorable macroeconomic environment in the last few years. The comprehensive study also discusses other factors contributing to the UAE banking sector’s growth, and the regulatory developments. It also talks about key market attractions, including the flourishing credit card market and growing ATMs and POS terminals. It was observed that increasing remittance market has opened up new avenues for banks to earn fee-based income. Despite the global financial crisis, remittances sent by expatriates from the UAE recorded a strong growth in 2009.
Our extensive research work also elaborates the Islamic banking, which has, in fact, evolved from a niche market to an important segment of the banking industry. This way, the comprehensive report presents the most unbiased picture of the UAE banking sector which will help clients analyze opportunities existing in the sector. Latest statistics and analyses included in the study will assist in designing appropriate strategies for investment.
According to the report, “UAE Banking Sector Analysis”, the sector has witnessed strong growth on back of benign interest rate scenario, and favorable macroeconomic environment in the last few years. The comprehensive study also discusses other factors contributing to the UAE banking sector’s growth, and the regulatory developments. It also talks about key market attractions, including the flourishing credit card market and growing ATMs and POS terminals. It was observed that increasing remittance market has opened up new avenues for banks to earn fee-based income. Despite the global financial crisis, remittances sent by expatriates from the UAE recorded a strong growth in 2009.
Our extensive research work also elaborates the Islamic banking, which has, in fact, evolved from a niche market to an important segment of the banking industry. This way, the comprehensive report presents the most unbiased picture of the UAE banking sector which will help clients analyze opportunities existing in the sector. Latest statistics and analyses included in the study will assist in designing appropriate strategies for investment.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. MIDDLE EAST MARKET ATTRACTIONS
3.1 Increasing ATMs and POS Terminals
3.2 Growing Credit Card Market
3.3 Rapidly Growing Expatriate Remittance Market
3.4 Booming Bancassurance Market
4. UAE BANKING INDUSTRY FORECAST TO 2014
4.1 Bank Deposits
4.2 Bank Loans
4.3 Credit Cards
4.4 ATM Terminals
4.5 Regulatory Developments
4.6 Key Players
5. MIDDLE EAST ISLAMIC BANKING
2. RESEARCH METHODOLOGY
3. MIDDLE EAST MARKET ATTRACTIONS
3.1 Increasing ATMs and POS Terminals
3.2 Growing Credit Card Market
3.3 Rapidly Growing Expatriate Remittance Market
3.4 Booming Bancassurance Market
4. UAE BANKING INDUSTRY FORECAST TO 2014
4.1 Bank Deposits
4.2 Bank Loans
4.3 Credit Cards
4.4 ATM Terminals
4.5 Regulatory Developments
4.6 Key Players
5. MIDDLE EAST ISLAMIC BANKING
LIST OF FIGURES
Figure 4-1: UAE - Bank Assets (Billion AED), 2009-2014
Figure 4-2: UAE - Bank Deposits (Billion AED), 2009-2014
Figure 4-3: UAE - Bank Loans and Advances (Billion AED), 2009-2014
Figure 4-4: UAE - Number of ATMs (2009-2011)
Figure 4-1: UAE - Bank Assets (Billion AED), 2009-2014
Figure 4-2: UAE - Bank Deposits (Billion AED), 2009-2014
Figure 4-3: UAE - Bank Loans and Advances (Billion AED), 2009-2014
Figure 4-4: UAE - Number of ATMs (2009-2011)
