Gulf banks’ lending income rises to record $21bln on high interest rates
Gulf banks’ aggregate income from lending rose to a record during the second quarter of the year on the back of high interest rates. Net interest income reported by lenders listed in the GCC reached $21.5 billion during the quarter, up by 7.6% from a year earlier and 0.91% from…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Zawya