Qatar and Kuwait led from the forefront as Middle East banks reported robust growth in total shareholders’ return (TSR).
TSR rose to 15.2% in 2010 against 3.6% in the previous year, according to the Boston Consulting Group (BCG), a global management consulting firm and the world’s leading advisor on business strategy.
The results were released in a new study by BCG titled ‘Creating Value in Banking 2011: Settling into the New Post-Crisis Equilibrium’, based on the analysis of about 550 global banks and financial service companies listed on international stock markets.
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