GCC banks post mixed 2nd quarter earnings
Banks in the oil-rich Gulf Cooperation Council countries have announced a mixed set of second quarter earnings, with profitability of core banking operations among several lenders increasing above expectations, but low credit growth and loan provisions continuing to be a drag on balance sheets, analysts and bankers say. Despite clear…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: http://gulfnews.com