Mergers & Acquisitions
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Gulf banks set to continue merger trend, says Moody's
A wave of mergers and acquisition activity among banks in the GCC will ultimately beneficial for the region’s banking sector as it helps ease overcapacity and boost profitability through synergies and increased pricing power, according to a new report from Moody’s Investors Service. The GCC’s banking sector – which Moody’s…
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Click here to read the full story: Arabian Business