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Gulf Banks Put Brakes on Lending as Dollar Liquidity Crunch Looms

Gulf banks are limiting their lending to minimize potential losses from the coronavirus crisis and an expected squeeze in dollar liquidity in the oil reliant region, some bankers say. Like banks around the world, Gulf lenders face an expected drop in loan growth in crisis-affected industries such as retail, tourism…

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Click here to read the full story: The New York Times

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