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GCC banks weathered geopolitical shocks 'remarkably' well in past 30 years, S&P says
Banks in the Arabian Gulf have remained “remarkably stable” in the face of regional geopolitical shocks over the past three decades and can withstand substantial external funding outflows without the need for support, S&P Global Ratings has said. Geopolitical disruptions tend to trigger investors’ risk aversion, a rise in funding…
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Click here to read the full story: The National News