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Will Gulf banks suffer from ‘long-COVID?’

Gulf banks are expected to experience a long lasting impact from the pandemic as asset quality deteriorates, Moody’s said. Saudi and Qatar’s banking sectors will be less impacted than those in the UAE, Oman, and Bahrain, the rating agency said. “We expect banks’ asset-quality indicators will continue to deteriorate and…

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Click here to read the full story: arabnews

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