Introduction
Proving their strength against the global economic crisis, Arab banks have managed to show positive changes in capital and assets. Like the rest of the world, however, Middle East financial growth is expected to slow, but only slightly. It is predicted that the decline will only by 0.5-0.6%. The resilience that being seen in Middle Eastern banks can be credited to their conservative strategies in adopting Western banking practices.
As a result of this steady conservatism, we are seeing a continuous flow of deposits streaming into Arab banks. There is still a sound level of confidence from people. No doubt this continued investment and confidence in Arab banks will only fuel their buoyancy.
