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Cost of funds rate in the banking sector GCC 2018 by country

In 2018, the cost of funds rate was highest in Bahrain amounting to approximately 3.3 percent. This was followed by Oman which amounted to around 2.4 percent and Kuwait which amounted to 2.1 percent. The aggregate for GCC countries of cost of funds rate amounted to 2.2 percent.

Cost of funds rate in the banking sector in Gulf Cooperation Council (GCC) countries in 2018 by country

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Sources

Release date

May 2019

Region

Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, MENA

Survey time period

2018

Supplementary notes

Note: cost of funds refers to the interest rate paid by financial institutions for the funds that they use in their business.

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