
The head of the large bank Ali Sultan Rakaid Al Amri predicts a preserved growth rate in the first quarter of 2025 and beyond.
According to him: "We see stability and sustainability in the economic environment, which will contribute to further development of the banking sector and increase in assets."
Ali Amri also noted that he expects an improvement in the regulatory environment, which will provide additional incentives for financial institutions. Overall, despite some challenges and uncertainties in the global market, the banking system remains strong and ready for new challenges. An important factor for the successful development of the country's economy is also the presence of constructive dialogue between banks and regulators.
He emphasized: "Trust in the banking system is maintained thanks to work in this direction and striving for openness and transparency."