Familiarity with FinTech innovations among banking professionals in the GCC 2016

This statistic shows the breakdown of familiarity with financial technology (Fintech) among banking professionals in the Gulf Cooperation Council as of summer 2016. A 28 percent share of respondents stated that they have some familiarity with Fintech.

How would you rate your familiarity with FinTech and its key international trends?

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Source

Release date

December 2016

Region

MENA

Survey time period

Summer 2016

Number of respondents

72 participation banks; 47 conventional banks

Special properties

Banking executives and industry observers

Supplementary notes

The methodology of the survey can be found on page 65 of the report.

FinTech: financial technology; an industry that primarily uses new technology and innovation to compete in the marketplace.

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Statistics on "Banking Industry in Saudi Arabia"

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