Bloomberg News

Arab Banking Assets to Reach $3.2 Trillion 2012, Al Watan Says

May 14, 2012

Assets of banks in the Arab region may grow as much as 11 percent to $3.2 trillion this year, al- Watan said, citing Adnan Ahmed Yousif, chief executive officer of Albaraka Banking Group BSC (BARKA) and chairman of the Union of Arab Banks.

To contact the reporter on this story: Dana El Baltaji in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

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