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GCC’s Islamic banks have stronger liquidity profiles

Retail-focused Islamic banks in GCC countries have strong liquidity coverage ratios LCRs due to their large base of core retail customer deposits and low reliance on market-sensitive wholesale funding according to rating agency Moody’s. “LCRs of Islamic banks in key Asian and GCC countries highlight sound liquidity profiles and broad…

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Click here to read the full story: Gulf News

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