Bancassurance Market in Middle East on Rise

The Middle East banking assets are anticipated to grow at a CAGR of around 16% during 2011- 2014, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) February 18, 2013 - The concept of bancassurance is growing tremendously in the Middle-East region, which is one of the world's fastest growing banking markets. It has amounted by around 30% of the overall profit margins for the top players who have implemented the scheme successfully. Besides, the Middle East, one of the world's fastest growing banking markets, has been witnessing banks and financial institutions across the region making huge investments in various financial products and services to match or outshine their international peers. With all such developments, the Middle East banking assets are expected to grow at a CAGR of around 16% during 2011-2014.

As per our research, Middle-East region is one of the largest Islamic banking markets in the world. Banks and financial institutions across the Middle East are making huge investments in a variety of products and services to outshine their international peers. In the growing Middle East banking market, Turkish banks are exhibiting strong growth potential owing to growing consumer confidence, rising income levels, and comparatively stable and high returns. Both deposits and loans are indicating huge growth over the past few years. Besides that, non-cash payment in Middle East is growing tremendously over the past few years owing to the strengthening banking industry. Among all, payment through credit card has become one of the most popular modes in the region.

Our report, "Middle East Banking Sector Analysis", provides an extensive research and in-depth analysis on the country-wise banking sector in the Middle East, presenting information on their products and services. Besides, our report also provides a business overview of several prominent players in the industry and regulatory developments for all the countries in the Middle East region. As such, our report facilitates clients towards devising strategic investment decision. The insights presented here will help in investigating leading-edge opportunities critical to the success of the banking industry in the Middle-East countries. Detailed data and analysis is sorted to help investors, financial service providers, and global banking players to navigate through the evolving banking sector in the Middle East. Overall, the research aims at presenting a complete and coherent analysis of the Middle East Banking Sector's past, present, and future scenario.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM370.htm

Some of our Related Reports are:

- Oman Banking Sector Analysis (http://www.rncos.com/Report/IM437.htm)
- Kuwait Banking Sector Analysis (http://www.rncos.com/Report/IM436.htm)
- UAE Banking Sector Analysis (http://www.rncos.com/Report/IM435.htm)
- Saudi Arabia Banking Sector Outlook 2015 (http://www.rncos.com/Report/IM417.htm)
- Vietnam Plastic Card Market Forecast to 2013 (http://www.rncos.com/Report/IM240.htm)

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: middle east banking

Categories: Finance

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code