Financial Results
Islamic Finance
Uncategorized
Funding expected to weaken, but liquidity to remain sound
Customer deposits which is a major cost effective funding source of Gulf Cooperation Council Islamic banks have been weakening during the last two years and is expected to deteriorate further in 2017-18. Growth in customer deposits slowed to 6 per cent in 2016, compared with 9 per cent in 2015…
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Click here to read the full story: Gulf News