Monday, February 23, 2009

Indonesian Islamic Banks going strong

PRMinds :Government support, improving confidence on Islamic banking system and comparatively higher panic in conventional banks due to financial crisis will help the Indonesian Islamic banking institutions to procure more deposits.

According to a recent research report, “Indonesian Islamic Banking Outlook to 2013” by RNCOS, a leading research firm, with the government support and improving consumer confidence on the Sharia-compliant financial products, the deposits with the system are expected to grow at a strong CAGR of nearly 47% between 2009 and 2013...Read More

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