Comment & Analysis
Coronavirus
Retail Banking
Uncategorized
Coronavirus hits Gulf banks in Q2 but full impact of bad loans looms
Most Gulf banks' profits plunged in the second quarter after a spike in impairment charges for expected credit losses, as regional economies reel from the double blow of low oil prices and the coronavirus outbreak. But the banks may need to set aside even more money in the second half…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya