Middle East Economic Survey
VOL. XLVIII
No 34
22-August-2005
Generic Risks Of Gulf Banks
By Sohail Farooq
Sohail Farooq is the principal of Canada-based, Araj Financial Advisory LLC, with offices in Bahrain and Pakistan. He wrote the following article for MEES.
Despite the relatively benign operating environment, GCC banks remain susceptible to systemic risk and potentially disruptive credit conditions. The systemic risk is embedded in: the adoption of new financial reporting standards; changes in...
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