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Banking assets set for 5pc growth

Bahrain Business
Wed, 06 Dec 2017
By Avinash Saxena


MANAMA: Islamic banks’ asset growth is expected at around five per cent for the next couple of years amid the economic slowdown experienced by GCC countries, said Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj. In his keynote address at the opening of the 24th edition of the World Islamic Banking Conference (WIBC), Mr Al Maraj said this was much slower than the historical level of 14 to 15pc.

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