UAE sees region’s highest bank branch revenues: top Roland Berger executive

RIYADH: UAE bank branches are witnessing the highest revenues in the region, amounting to $18.6 million per branch, according to a top executive at Roland Berger.

This was driven by the nation’s digital transformation which enabled banks in the Gulf Cooperation Council region to reduce the number of banking branches by 328 within three years, Saumitra Sehgal, the global consulting firm’s head of financial services in the Middle East, told Emirates News Agency, also known as WAM.

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