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GCC banks are on a recovery path in 2022, says report
DUBAI (S&P Global Ratings)-Gulf Cooperation Council (GCC) Banks are set to benefit from a regional economic recovery this year amid higher oil prices, still supportive government spending, and normalizing non-oil activity, S&P Global Ratings said today in a new report. "We expect banks' asset quality indicators to deteriorate only slightly…
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Source: S&P Global Ratings