The results showed that the UAE banking system
continues to be adequately capitalised with capital ratios well above minimum regulatory requirements last year.
"Overall, the double-digit year-on-year growth of the banking system
's assets, loans, investments, deposits, capital accounts and core income showcases resilience amid global volatilities and ensures another pillar to support the economy's progress," the BSP said.
The State Bank of Pakistan has ordered to convert all conventional banks to Islamic banking system
latest by 2018.
The capital position of the banking system
will further strengthen due to expected fresh capital inflows and improving profitability.
Standard & Poor's found that banking systems
in Turkey and South Africa are the most vulnerable to the impact of the U.S.
Just 500 individuals owe 350 trillion rials or almost half of that debt to the national banking system
, the Fars News Agency quoted a banking source as saying.
The housing bubble and subsequent credit crisis brought attention to the shadow banking system
, which funneled a great deal of money into the U.S.
Summary: Banking system
loan growth in the UAE remained muted following the global financial crisis, despite a recovery in economic growth.
Summary: In its annual risk assessment of 86 banking systems
in advanced and emerging economies, Fitch Ratings indicated that Lebanon's banking sector was among 28 banking systems
that came in the "low strength" category on its Banking System
The International Monetary Fund (IMF) has praised the four-pillar policy of the Australian banking system
Summary: Sultan bin Nasser al-Suwaidi says 'the situation of liquidity and deposits in the banking system
Moody's Investors Service has downgraded the ratings of three Romanian commercial banks in light of its global review of systemic support indicators for the country's banking system
, and also because of the asset quality challenges faced by Romanian banks in the currently difficult operating environment.