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Impact of IFRS 9 implementation likely to be minimal on GCC banks

The implementation International Financial Reporting Standards 9 from January 2018, a game changer for banks across the world, is unlikely to result in any massive spike in provisions for banks in the Gulf Cooperation Councilregion, according to bankers and analysts. The new regulation strongly affects the way credit losses are…

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Click here to read the full story: Gulf News

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