(EMAILWIRE.COM, April 09, 2010 ) New Delhi, India - Our new research report "Saudi Arabia Banking Sector Analysis" says that the banking sector in the Kingdom is highly capitalized, well regulated and more profitable in the region. Despite the heavy slowdown in the economy, the banking sector continued to post healthy growth in the recent years. As per our estimations, the country’s banking assets are projected to grow at a CAGR of around 18% during 2010-2013.

Moreover, total loans provided by domestic banks in Saudi Arabia grew at a CAGR of around 17% during 2004-2009. The private sector accounted for the majority of loans. Corporate houses account for the bulk (over 70%) of credit extended while consumer loans are still not as popular in Saudi Arabia as in other countries of the world. They (consumer loans) contribute even below one-quarter of total loans disbursed by the banks in the country, leaving large room for future growth.

The report further reveals that the banking sector has experienced significant changes in modern banking technology developments, including Internet banking and phone banking services. Moreover, banks are also modernizing their payment card technology and shifting towards smart card technology to offer more secure and advanced featured card to consumers.

"Saudi Arabia Banking Sector Analysis" is an outcome of extensive research and detailed study of the Saudi Arabian banking sector. In this report, all the important performance indicators of the sector have been discussed. It also features forecast for each of the banking segments to provide better understanding of the sector in the country.

The report analyzes the trend of macroeconomic factors critical for the banking sector and their impact on the sector. It also identifies the key players operating in the market and contains detail business description of these players. Additionally, the report sheds light on the emerging industry trends, which are expected to determine the future of the Kingdom's banking sector.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM245.htm

Check DISCOUNTED REPORTS on: http://www.rncos.com

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.


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