Comment & Analysis
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GCC loan growth projected to decline to 6% in 2016
GCC's banking sector is expected face continued slowdown in growth, deterioration of asset quality, and reduced profitability in 2016, according to rating agency Standard & Poor’s. “Lower economic growth means fewer growth opportunities for banks in the GCC. We expect loan growth in the region will reach around 6 per…
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Click here to read the full story: Gulf News