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Bahrain banking assets set to grow 25pc
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Posted on
May 22 2008 7:26 AM
by
adeal
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Bahrain's banking sector is set to continue its growth momentum driven by buoyant regional economies and the investor-friendly regulatory regime. In an extensive report, Securities and Investment Company forecasts that the total assets of Bahrain's wholesale banks will grow at a rate of 15 to 20 per cent over the next three years, while retail banking assets are expected to grow at a faster pace of 20 to 25pc over the same period driven by domestic liquidity, an increase in the expatriate population and a rise in average wages.
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