Comment & Analysis
Mergers & Acquisitions
Uncategorized
GCC bank mergers to ease capacity and boost profitability
Recent merger and acquisition activity among the GCC banks is beneficial for the sector as it will ease overcapacity and boost profitability through synergies and increased pricing power, Moody's Investors Service said. In its report titled 'Consolidation among GCC banks will boost profitability', Moody's said a flurry of merger and…
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