Mergers & Acquisitions
Regulation, Risk & Compliance
Uncategorized
GCC banks brace for new wave of mergers after ‘triple shock’ to profitability
The GCC banking sector is bracing for a second wave of mergers and acquisitions (M&A) after suffering a triple shock to profitability in 2020 from lower lending growth, lower-for-longer interest rates, and higher cost of risk, industry analysts said. The second M&A wave could begin when the full impact of…
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Click here to read the full story: Khaleej Times