Bahrain Mirror: Bahrain's banking assets rose to $192 billion at the end of September 2018 compared to $189 billion in the same period last year.

The improvement, according to quarterly economic data published by the Central Bank of Bahrain (CBB), was driven primarily by the growth of foreign assets held by the banking sector, which reached $132.8 billion at the end of the third quarter compared to $130.7 billion in the same period last year.

The assets in the banking system increased to constitute approximately 545% of Bahrain's economy, which shows the impact of this sector.

The budget of commercial banks operational in the country, which operate in the local market through lending and deposits, reached $85.5 billion in the third quarter, compared to $85.36 billion in the second quarter and $84.4 billion in the third quarter of 2017.

Arabic Version