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GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity

The 2021 sector outlook for Gulf Cooperation Council Islamic banks is stable, reflecting a modest expected economic recovery, Fitch Ratings says, although we expect continued asset-quality and profitability pressures.  We also expect capital buffers and liquidity to remain stable and adequate for the risks. The Negative Outlook on the Saudi…

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Source: Gulf Cooperation Council Islamic Banks

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