Tuesday 31, July 2012 by Robin Amlôt
Frost & Sullivan bullish on the MENA banking sector
The banking sector in the Middle East and North Africa witnessed recovery in the years 2010 and 2011 after the international financial crisis. The downside risk in MENA banks is limited compared to its international peers. The region is characterised by high financial support from the government, high public spending, less integration with global markets and low exposure to the sovereign debt crisis.
