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Banks from Middle East and Africa are the most profitable in the world

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Banks from Middle East and Africa are the most profitable in the world
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Written by William De Vijlder
  • Dec 23, 2024
  • 1 min read
  • 3035

The Middle East and Africa lead in bank profitability, benefiting from considerable non-interest-bearing deposits and elevated oil prices in the Middle East, along with high interest rates and foreign exchange gains in Africa, according to the TAB Global 1000 Strongest Banks Ranking.

https://tabinsights.com/article/banks-from-middle-east-and-africa-are-the-most-profitable-in-the-world
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