Comment & Analysis
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Majority Of GCC Banks’ Ratings Outlook To Remain Stable
Two thirds of GCC bank ratings are on stable outlook with only about 30 per cent with negative outlook according to Fitch Ratings. About half of the negative outlooks are driven by continued low oil prices, which weaken sovereign ability to provide support and rationalise government spending, ultimately affecting banks’…
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Click here to read the full story: Gulf News