Alinma Bank CEO Sees Mergers in Banks Continuing in Saudi Arabia

The video discusses the consolidation trend in the GCC financial sector, highlighting mergers and acquisitions among banks and financial institutions. It explores the impact of Saudi Vision 2030 on mega projects, such as the Jeddah Tower, and the economic growth prospects in Saudi Arabia and the UAE. The discussion also covers the importance of oil prices and government spending in driving economic growth. Additionally, the video addresses the need for efficiency and technological advancements in banking, emphasizing digital branches and Fintech solutions.

What are the expected economic growth rates for the GCC in 2019?

What strategies are being implemented to address high cost-to-income ratios in banks?

How does technology play a role in improving efficiency in financial institutions?