Comment & Analysis
Islamic Finance
Uncategorized
Fitch: The outlook for Islamic banks
Fitch Ratings expects the profitability of Indonesia’s Islamic banks to remain sluggish due to strong competition from conventional peers, weak asset quality, a slow economic recovery and rising credit costs. ROA of the country’s Islamic banks was 0.6 per cent at end-September 2016 end-2015: 0.5 per cent, compared with 1.9…
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