Regulation, Risk & Compliance
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GCC banks to refrain from redeeming hybrid capital as volatility rises: S&P Report
Gulf Cooperation Council banks will refrain from redeeming the hybrid capital instruments at the first call date for the next 12 to 24 months, owing to the increasing volatility, scarce liquidity and significant rise in the cost of capital, said S&P Global Ratings in its latest report. Interest rates in…
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Click here to read the full story: Arab News