Comment & Analysis
Coronavirus
Financial Results
Islamic Finance
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GCC banks face 'earnings shock' from lower oil price, Covid-19
GCC banks will see significantly reduced revenue and credit growth in 2020 as they face an earnings shock from the oil price drop and Covid-19 pandemic, S&P Global Ratings said. As the region's lenders focus on preserving asset quality rather than business expansion, the pandemic will halt growth at both…
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