Comment & Analysis
Retail Banking
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Gulf banks' consolidation should boost lenders' profitability, Moody's says
The spate of bank mergers in the Arabian Gulf should reduce overcapacity in the overcrowded sector and boost lenders' profitability through increased pricing power, according to a report by Moody's Investor Service. Consolidation among Gulf banks will help stem the increase in funding costs and improve lenders' earnings in the…
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