REGIONAL
Gulf Banks Continue Recovery Despite Eurozone Crisis, Says S&P
Gulf banks will continue their steady recovery from the 2008 global financial crisis and remain isolated from Eurozone turmoil for the rest of 2012 and 2013, forecasts Standard & Poor’s Ratings Services (S&P) in its latest report on the sector. The trend of declining loan loss provisions will continue for most GCC banks, resulting in further recovery in net profits...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!