Total assets by banks GCC Q3 2021-Q3 2023, by bank type
By quarter three of 2023, the total assets of banks in the Gulf Cooperation Council reached 3.1 trillion U.S. dollars. Apart from the fourth quarter of 2022, conventional bank assets, since the third quarter of 2021, have continued to rise each subsequent quarter. Similarly, the total assets of Islamic banks during the same period have increased from 700 billion USD to 887 USD.