Investment Banking
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GCC banks setting capital ratio, provisioning for NPLs counter-cyclically to oil prices, says IMF
Banks in the GCC countries have been setting the capital ratio and provisioning for NPLs counter-cyclically to oil prices, according to a working paper of the International Monetary Fund. Moreover, the study confirmed that oil prices and economic activity significantly affect bank asset quality and also identified feedback loops between…
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Click here to read the full story: Gulf Times