Moody's: GCC banks' stable outlook reflects improving operating conditions and strong capital buffers

The outlook for Gulf Cooperation Council  banking systems remains stable, reflecting their improving operating conditions, weakening but still solid loan performance and strong capital, Moody's Investors Service said in a report today. Moody's 2019 Outlook expresses the rating agency's expectation of how banks' creditworthiness will evolve over the next 12…