Torbey and Kassar at the news conference.
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Joseph Torbey, the president of the World Union of Arab Bankers said Wednesday he expects the liquidity of Arab banks to diminish in 2017 due to slow growth in deposits and a rise in nonperforming loans.Torbey disclosed some of the results of the Arab banks in 2016 .He added that the assets of the Arab banks last year reached $3.4 trillion, an increase of 6 percent compared to 2015 . Total loans and lines of credit to Arab economies increased 8 percent to $1.9 trillion, representing 77 percent of the GDP of the Arab world.
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