Middle East Banking Sector Analysis (2007-2011)

RNCOS report on "Middle East Banking Sector Analysis (2007-2011)" provides extensive research and in-depth analysis of the country-wise banking sector in Middle East, their product, and services. This report will help clients to analyze the leading-edge opportunities critical to the success of the banking Industry in the countries of Middle East. Detailed data and analysis help investors, financial service providers, and global banking players navigate through the evolving banking sector in the Middle East.

Key Findings

• The total bank loans demand in the Middle East is expected to grow at the CAGR of 21.81% during 2007-2011.
• The total bank deposit of the region is expected to grow at the CAGR of 19.18% during 2007-2011.
• Bancassurance will emerge as a big opportunity for the Middle East as it offers vast room for growth in insurance market as the insurance penetration rate of the region was below 10% in 2006. But with Bancassurance, insurance sales are expected to rise up to US$ 100 Million in 2010.
• There exist plenty of opportunities in Microfinance sector as the potential for the sector is enormous and today's microfinance intermediaries meet around 5% of the region's total demand.
• Growth in young and educated population has been the main driver for banking in the Middle East as this population proved to be more demanding, have a good knowledge and understand of banking products and their need.
• Credit card market in Oman is expected to grow at a rate of 10% in 2007 and 8% in 2008. As this market in Oman remains small and undeveloped, there exist vast scope for further growth.
• The credit cards industry in Qatar is expected to sustain current levels of growth of over 20% per annum (by number of cards and billed volume in 2007 and 2008) due to low credit losses, continued economic growth and the entry of new players in the market.

Key Issues and Facts Analyzed

This research report also addresses the issues and facts vital to the success of banking business, such as:

• How competitive is the market landscape for banking industry in the Middle East?
• What is the nature of services driving the banking sector in the Middle East countries?
• What are the country and region-wise opportunities and challenges for this industry?
• What are the prospective areas of investment for the banks in near future?
• Which factors will lead to the growth of bankcards, loans and deposits in the Middle East?
• What is the extent of foreign penetration in the Middle East banking industry?

Key Products

The key products analyzed in the report are Deposits, Credit Cards, Debit Card, Loans, ATM, POS (Point of Sale) Terminals and Bancassurance.

Key Players

This section provides an overview, key facts, and financials of several prominent players in the industry, including National Bank of Bahrain, Bank Hapoalim Ltd, National Bank of Kuwait, National Commercial Bank, Oman International Bank, Jordan Ahli Bank, Bank Saderat, National Bank of Dubai, Qatar National Bank and Akbank.

Research Methodology Used

The information has been sourced from multiple credible sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

The analysis methods include Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.

• 1. Analyst View
• 2. Research Overview
• 3. Worldwide Banking Industry
  • 3.1 Overview
  • 3.2 Regional Segmentation
  • 3.3 Top Banks - By Region
• 4. Asian Banking Industry
  • 4.1 Overview
  • 4.2 Top Banks
• 5. Middle East Banking Industry
  • 5.1 Overview
  • 5.2 Segmentation - By Country
    • 5.2.1 Turkey
      • 5.2.1.1 Overview
      • 5.2.1.2 Performance
      • 5.2.1.2.1 Debit Cards
      • 5.2.1.2.2 Credit Cards
      • 5.2.1.2.3 ATM & POS Terminals
      • 5.2.1.2.4 Bank Loans
      • 5.2.1.2.5 Bank Deposits
    • 5.2.2 Israel
      • 5.2.2.1 Overview
      • 5.2.2.2 Performance
      • 5.2.2.2.1 Credit Cards
      • 5.2.2.2.2 Bank Loans
      • 5.2.2.2.3 Bank Deposits
      • 5.2.2.2.4 Net Interest Income
    • 5.2.3 UAE
      • 5.2.3.1 Overview
      • 5.2.3.2 Performance
      • 5.2.3.2.1 Bank Deposits
      • 5.2.3.2.2 Bank Loans
      • 5.2.3.2.3 Credit Cards
    • 5.2.4 Saudi Arabia
      • 5.2.4.1 Overview
      • 5.2.4.2 Performance
      • 5.2.4.2.1 ATM Terminals
      • 5.2.4.2.2 Payment Cards
      • 5.2.4.2.3 POS Terminals
      • 5.2.4.2.4 Bank Loans
      • 5.2.4.2.5 Bank Deposits
      • 5.2.4.2.6 Net Interest Income
    • 5.2.5 Iran
      • 5.2.5.1 Overview
      • 5.2.5.2 Performance
      • 5.2.5.2.1 Payment Cards
      • 5.2.5.2.2 ATM Terminals
      • 5.2.5.2.3 POS Terminals
      • 5.2.5.2.4 Bank Deposits
      • 5.2.5.2.5 Bank Loans
      • 5.2.5.2.6 Net Interest Income
    • 5.2.6 Bahrain
      • 5.2.6.1 Overview
      • 5.2.6.2 Performance
      • 5.2.6.2.1 E-Banking
      • 5.2.6.2.2 Credit Cards
      • 5.2.6.2.3 Internet Banking
      • 5.2.6.2.4 Bank Loans
    • 5.2.7 Kuwait
      • 5.2.7.1 Overview
      • 5.2.7.2 Performance
      • 5.2.7.2.1 Bank Deposits
      • 5.2.7.2.2 Bank Loans
      • 5.2.7.2.3 Credit Cards
    • 5.2.8 Qatar
      • 5.2.8.1 Overview
      • 5.2.8.2 Performance
      • 5.2.8.2.1 Bank Deposits
      • 5.2.8.2.2 Bank Loans
      • 5.2.8.2.3 Credit Cards
    • 5.2.9 Jordan
      • 5.2.9.1 Overview
      • 5.2.9.2 Performance
      • 5.2.9.2.1 Bank Deposits
      • 5.2.9.2.2 Bank Loans
      • 5.2.9.2.3 Credit Cards
    • 5.2.10 Oman
      • 5.2.10.1 Overview
      • 5.2.10.2 Performance
      • 5.2.10.2.1 Bank Deposits
      • 5.2.10.2.2 Bank Loans
      • 5.2.10.2.3 Payment Cards
• 6. Industry Analysis
  • 6.1 Drivers
    • 6.1.1 Open Market Economy
    • 6.1.2 Rise in Disposable Income
    • 6.1.3 Uncertainty in Equity Market
    • 6.1.4 Favorable Tax Environment
    • 6.1.5 Young & Educated Population
    • 6.1.6 Technology Growth
    • 6.1.7 Innovative & Efficient Products
    • 6.1.8 Decreasing Unemployment
  • 6.2 Opportunities
    • 6.2.1 Credit Cards Market
    • 6.2.2 POS Terminals in Oman
    • 6.2.3 ATM Terminals
    • 6.2.4 Bancassurance
    • 6.2.5 Microfinance
    • 6.2.6 Virtual Banking
    • 6.2.7 Private Banking
    • 6.2.8 For New Entrants
    • 6.2.9 Expatriate Remittances Market
  • 6.3 Challenges
    • 6.3.1 Basel II Accords
    • 6.3.2 Risk Factors in Qatar
    • 6.3.3 Majority of State-owned Banks
    • 6.3.4 Highly Concentrated Market
    • 6.3.5 Challenges for Microfinance
      • 6.3.5.1 Lack of Experience & Exposure
      • 6.3.5.2 Political Uncertainty & Macroeconomic Instability
      • 6.3.5.3 Social & Cultural Barriers
      • 6.3.5.4 Inadequate Infrastructure
      • 6.3.5.5 Legal & Regulatory Barriers
• 7. Future Outlook (2007-2011)
  • 7.1 Bank Loans Forecast (2007-2011)
  • 7.2 Bank Deposits Forecast (2007-2011)
• 8. Key Players
  • 8.1 National Bank of Bahrain
  • 8.2 Bank Hapoalim Ltd.
  • 8.3 National Bank of Kuwait
  • 8.4 National Commercial Bank
  • 8.5 Oman International Bank
  • 8.6 Jordan Ahli Bank
  • 8.7 Bank Saderat
  • 8.8 National Bank of Dubai
  • 8.9 Qatar National Bank
  • 8.10 Akbank
• List of Figures:
  • Figure 3-1: Worldwide - Bank Assets (in Trillion US$), 2002-2006
  • Figure 3-2: Worldwide - Forecast for Bank Assets (in Trillion US$), 2007-2011
  • Figure 4-1: Asia - Bank Loans (in Trillion US$), 2002-2006
  • Figure 4-2: Asia - Forecast for Bank Loans (in Trillion US$), 2007-2011
  • Figure 4-3: Asia - Top Banks by Country, 2007
  • Figure 5-1: Middle East - Bank Assets (in Billion US$), 2003-2006
  • Figure 5-2: Middle East - Forecast for Bank Assets (in Billion US$), 2007-2011
  • Figure 5-3: Turkey - Bank Assets (in Billion US$), 2001-2006 & Mar 2007
  • Figure 5-4: Turkey - Forecast for Bank Assets (in Billion US$), 2007-2011
  • Figure 5-5: Turkey - Number of Debit Cards (in Million), 2001-2006 & May 2007
  • Figure 5-6: Turkey - Forecast for Number of Debit Cards (in Million), 2007-2011
  • Figure 5-7: Turkey - Number of Credit Cards (in Million), 2001-2006 & May 2007
  • Figure 5-8: Turkey - Forecast for Number of Credit Cards (in Million), 2007-2011
  • Figure 5-9: Turkey - Number of ATM & POS Terminals (in Thousand), 2001-2006 & May 2007
  • Figure 5-10: Turkey - Forecast for Number of ATM Terminals (in Thousand), 2007-2011
  • Figure 5-11: Turkey - Bank Loans (in Million US$), 2002-2006 & Mar 2007
  • Figure 5-12: Turkey - Non-Performing Bank Loans (in Million US$), 2002-2006 & Mar 2007
  • Figure 5-13: Turkey - Forecast for Bank Loans (in Billion US$), 2007-2011
  • Figure 5-14: Turkey - Bank Deposits (in Billion US$), 2002-2006 & Mar 2007
  • Figure 5-15: Turkey - Forecast for Bank Deposits (in Billion US$), 2007-2011
  • Figure 5-16: Israel - Bank Assets (in Million US$), 2001-2006E
  • Figure 5-17: Israel - Forecast for Bank Assets (in Million US$), 2007-2011
  • Figure 5-18: Israel - Market Share of Credit Card Companies (%), 2006
  • Figure 5-19: Israel - Bank Loans (in Million US$), 2002-2006E
  • Figure 5-20: Israel- Forecast for Bank Loans (in Million US$), 2007-2011
  • Figure 5-21: Israel - Bank Deposits (in Million US$), 2002-2006E
  • Figure 5-22: Israel - Forecast for Bank Deposits (in Million US$), 2007-2011
  • Figure 5-23: Israel - Net Interest Income (in Million US$), 2002-2006E
  • Figure 5-24: Israel - Forecast for Net Interest Income (in Million US$), 2007-2011
  • Figure 5-25: UAE - Bank Assets (in Billion Dirham), 2003-2006 & Mar 2007
  • Figure 5-26: UAE - Forecast for Bank Assets (in Billion Dirham), 2007-2011
  • Figure 5-27: UAE - Bank Deposits (in Billion Dirham), 2003-2006 & Mar 2007
  • Figure 5-28: UAE - Forecast for Bank Deposits (in Billion Dirham), 2007-2011
  • Figure 5-29: UAE - Bank Loans (in Billion Dirham), 2003-2006 & Mar 2007
  • Figure 5-30: UAE - Forecast for Bank Loans (in Billion Dirham), 2007-2011
  • Figure 5-31: Saudi Arabia - Bank Assets (in Million US$), 2001-2006E
  • Figure 5-32: Saudi Arabia - Forecast for Bank Assets (in Million US$), 2007-2011
  • Figure 5-33: Saudi Arabia - Number of ATM Terminals (2001-2006 & May 2007)
  • Figure 5-34: Saudi Arabia - Forecast for Number of ATM Terminals (2007-2011)
  • Figure 5-35: Saudi Arabia - Number of Payment Cards (in Million), 2001-2006 & May 2007
  • Figure 5-36: Saudi Arabia - Forecast for Number of Payment Cards (in Million), 2007-2011
  • Figure 5-37: Saudi Arabia - Number of POS Terminals (2001-2006 & May 2007)
  • Figure 5-38: Saudi Arabia - Forecast for Number of POS Terminals (2007-2011)
  • Figure 5-39: Saudi Arabia - Bank Loans (in Million US$), 2001-2006E
  • Figure 5-40: Saudi Arabia - Forecast for Bank Loans (in Million US$), 2007-2011
  • Figure 5-41: Saudi Arabia - Bank Deposits (in Million US$), 2001-2006E
  • Figure 5-42: Saudi Arabia - Forecast for Bank Deposits (in Million US$), 2007-2011
  • Figure 5-43: Saudi Arabia - Net Interest Income (in Million US$), 2001-2006E
  • Figure 5-44: Saudi Arabia - Forecast for Net Interest Income (in Million US$), 2007-2011
  • Figure 5-45: Iran - Bank Assets (in Million US$), 2001-2006E
  • Figure 5-46: Iran - Forecast for Bank Assets (in Million US$), 2007-2011
  • Figure 5-47: Iran - Bank Deposits (in Million US$), 2001-2006E
  • Figure 5-48: Iran - Forecast for Bank Deposits (in Million US$), 2007-2011
  • Figure 5-49: Iran - Bank Loans (in Million US$), 2001-2006E
  • Figure 5-50: Iran - Forecast for Bank Loans (in Million US$), 2007-2011
  • Figure 5-51: Iran - Net Interest Income (in Million US$), 2001-2006E
  • Figure 5-52: Iran - Forecast for Net Interest Income (in Million US$), 2007-2011
  • Figure 5-53: Bahrain - Bank Assets (in Million US$), 2002-2006
  • Figure 5-54: Bahrain - Forecast for Bank Assets (in Million US$), 2007-2011
  • Figure 5-55: Bahrain - Foreign Bank Assets (in Million US$), 2002-2006
  • Figure 5-56: Bahrain - Forecast for Foreign Bank Assets (in Million US$), 2007-2011
  • Figure 5-57: Bahrain - Number of Credit Cards Holders & Accounts (2004 & 2005)
  • Figure 5-58: Bahrain - Number of Bahraini & Non-Bahraini Credit Card Holders (2004 & 2005)
  • Figure 5-59: Bahrain - Interest on Credit Cards (%), 2003-2006 & Mar 2007
  • Figure 5-60: Bahrain - Breakup of Bank Loans to Business Sector (%), 2006
  • Figure 5-61: Kuwait - Bank Assets (in Million Dinars), 2001-2006 & June 2007
  • Figure 5-62: Kuwait - Forecast for Bank Assets (in Million Dinar), 2007-2011
  • Figure 5-63: Kuwait - Bank Deposits (in Million Dinar), 2001-2006 & June 2007
  • Figure 5-64: Kuwait - Forecast for Bank Deposits (in Million Dinar), 2007-2011
  • Figure 5-65: Kuwait - Bank Loans (in Million Dinars), 2001-2006 & June 2007
  • Figure 5-66: Kuwait - Forecast for Bank Loans (in Million Dinar), 2007-2011
  • Figure 5-67: Qatar - Bank Assets (in Million QR), 2002-2006 & Feb 2007
  • Figure 5-68: Qatar - Forecast for Bank Assets (in Million QR), 2007-2011
  • Figure 5-69: Qatar - Bank Deposits (in Million QR), 2002-2006 & Feb 2007
  • Figure 5-70: Qatar - Forecast for Bank Deposits (in Million QR), 2007-2011
  • Figure 5-71: Qatar - Bank Loans (in Million QR), 2002-2006 & Feb 2007
  • Figure 5-72: Qatar - Forecast for Bank Loans (in Million QR), 2007-2011
  • Figure 5-73: Jordan - Bank Assets (in Million JD), 2001-2006
  • Figure 5-74: Jordan - Forecast for Bank Assets (in Million JD), 2007-2011
  • Figure 5-75: Jordan - Bank Deposits (in Million JD), 2001-2006
  • Figure 5-76: Jordan - Forecast for Bank Deposits (in Million JD), 2007-2011
  • Figure 5-77: Jordan - Bank Loans (in Millions JD) 2001-2006
  • Figure 5-78: Jordan - Forecast for Bank Loans (in Million JD), 2007-2011
  • Figure 5-79: Jordan - NPL/Net Credit Facilities (%), 2004 & 2005
  • Figure 5-80: Jordan - Pre-Tax Profit from Credit Card Market (in Million US$), 2005 & 2006
  • Figure 5-81: Oman - Bank Assets (in Millions RO), 2001-2006 & Mar 2007
  • Figure 5-82: Oman - Forecast for Bank Assets (in Million RO), 2007-2011
  • Figure 5-83: Oman - Bank Deposits (in Millions RO), 2001-2006 & Mar 2007
  • Figure 5-84: Oman - Forecast for Bank Deposits (in Million RO), 2007-2011
  • Figure 5-85: Oman - Bank Loans (in Millions RO), 2001-2006 & Mar 2007
  • Figure 5-86: Oman - Forecast for Bank Loans (in Million RO), 2007-2011
  • Figure 5-87: Oman - Breakup of Bank Loans (%), Mar 2007
  • Figure 5-88: Oman - Non-Performing Bank Loans in Different Sectors (%), 2006
  • Figure 5-89: Oman - Number of Credit, Debit & ATM Cards, 2005
  • Figure 5-90: Oman - Forecast for Growth in Credit Cards (%), 2007 & 2008
  • Figure 6-1: Middle East - Percentage of Demand Fulfill by Microfinance, 2006
  • Figure 6-2: Middle East - High Net Worth Individuals Growth (%), 2004-2006
  • Figure 7-1: Middle East - Forecast for Bank Loans (in Billion US$), 2007-2011
  • Figure 7-2: Middle East - Forecast for Bank Deposits (in Billion US$), 2007-2011
• List of Tables:
  • Table 3-1: Worldwide - Bank Loans by Region (in Trillion US$), 2002-2006
  • Table 3-2: Worldwide - Top Banks by Region, 2006
  • Table 5-1: Middle East - Comparison of Conventional & Islamic Banks
  • Table 5-2: Middle East - Bank Assets by Country (in Billion US$), 2006E
  • Table 5-3: Turkey - Types of Debit Cards (in Thousand), 2001-2006
  • Table 5-4: Turkey - Types of Credit Cards (in Thousand), 2001-2006
  • Table 5-5: Saudi Arabia - List of Local Banks (Mar 2007)
  • Table 5-6: Saudi Arabia - List of Foreign Banks, 2006
  • Table 5-7: Saudi Arabia - List of Credit Institutions, 2006
  • Table 5-8: Iran - List of Government-Owned Commercial Banks, 2006
  • Table 5-9: Iran - List of Private Banks, 2006
  • Table 5-10: Iran - List of Specialized Government Banks, 2006
  • Table 5-11: Iran - Number of Payment Cards Issued by Bank, 2005
  • Table 5-12: Iran - Number of ATM Terminals Installed by Bank, 2005
  • Table 5-13: Iran - Number of POS Terminals Installed by Bank, 2005
  • Table 5-14: Bahrain - Types & Number of Conventional Banks, 2006
  • Table 5-15: Bahrain - Types & Number of Islamic Banks, 2006
  • Table 5-16: Bahrain - Local Commercial Banks Offering E-Banking Services, 2004
  • Table 5-17: Bahrain - Local Commercial Banks Offering Internet Banking, 2004
  • Table 8-1: National Bank of Bahrain - Key Financials (in Million BD), 2004-2006
  • Table 8-2: Bank Hapoalim Ltd. - Key Financials (in Billion ILS), 2005 & 2006
  • Table 8-3: National Bank of Kuwait - Key Financials (in Million US$), 2005 & 2006
  • Table 8-4: National Commercial Bank - Key Financials (in Thousand SR), 2005 & 2006
  • Table 8-5: Oman International Bank - Key Financials (in Thousand RO), 2005 & 2006
  • Table 8-6: Jordan Ahli Bank - Key Financials (in Billion JD), 2005 & 2006
  • Table 8-7: Bank Saderat - Key Financials (in Million US$), 2005 & 2006
  • Table 8-8: National Bank of Dubai - Key Financials (in Thousand AED), 2005 & 2006
  • Table 8-9: Qatar National Bank - Key Financials (in Million QR), 2003-2006
  • Table 8-10: Akbank - Key Financials (in Million YTL), 2004-2006