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GCC banks saw record loan growth in Q2 as economies revived

Listed banks in the GCC continued to post robust growth in lending activity during the second quarter (Q2) of 2021, leading to record high loan books, Kamco Invest said in a new report. Aggregate gross loans at the end of Q2 reached $1.68 trillion, up 4.6 percent quarter-on-quarter (q-o-q) and…

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