Islamic Finance
Uncategorized
Fitch forecasts ‘stable’ outlook for GCC Islamic banks in 2019
Stronger economic growth, led by higher oil prices, and its expected contribution to credit fundamentals have encouraged Fitch, a global credit rating agency, to forecast a “stable” outlook for the Gulf Co-operation Council (GCC) Islamic banks in 2019. “Credit growth will remain weak at about 5% – still above financing…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf Times