While international banks faced a downturn in western economies, banks in the GCC operated in economies buoyed by better than expected oil prices during 2001. According to the Arab Monetary Fund, the GCC economies experienced GDP growth of between 2.5% and 5.0% during the past year.

Find out more on the GCC Banks' 2002 Financial Performance and the Future Challenges:

DOWNLOAD Top 25 GCC Banks 2003 Report.

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