Comment & Analysis
Coronavirus
Mergers & Acquisitions
Uncategorized
Pandemic may force GCC banks to cut dividends, drive future M&A
Banks in the Arabian Gulf could be forced to scrap 2020 dividends as profits plunge in 2020 due to coronavirus, which could also drive consolidation in the longer term, analysts said. The region's lenders are unlikely to require additional capital should loan defaults soar, despite facing headwinds related to the…
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