As of quarter three of 2023, the total revenue of banks in the Gulf Cooperation Council reached 30.7 billion U.S. dollars. Since the third quarter of 2021, total revenue has continued to increase each subsequent quarter. Although net interest income and non-interest income both increased during this period, they both witnessed occasions of decline. For example, net interest income saw marginal drops in the fourth quarter of 2021, and the first quarter of 2023. On the other hand, non-interest income recorded a decline in revenue in the second, and third quarter of 2022.
Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type
(in billion U.S. dollars)
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KAMCO. (November 28, 2023). Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/
KAMCO. "Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type (in billion U.S. dollars)." Chart. November 28, 2023. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/
KAMCO. (2023). Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/
KAMCO. "Total Revenue of Banks in The Gulf Cooperation Council from Q3 2021 to Q3 2023, by Income Type (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Nov 2023, https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/
KAMCO, Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/ (last visited November 17, 2024)
Total revenue of banks in the Gulf Cooperation Council from Q3 2021 to Q3 2023, by income type (in billion U.S. dollars) [Graph], KAMCO, November 28, 2023. [Online]. Available: https://www.statista.com/statistics/1456525/gcc-total-revenue-banks-by-income-type/