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Moody’s: Outlook for GCC Banks Stable for 2020
December 2nd, 2019 - 08:30 GMT

Moody’s: Outlook for GCC Banks Stable for 2020

The outlook for GCC banks remains stable on the back of solid regional economic growth along with strong capital buffers and substantial liquidity of banks, Moody's Investors Service said. "Government spending programs will push average non-hydrocarbon GDP growth to 2.6 percent in 2020, providing favorable operating conditions for the region's banks," said Nitish Bhojnagarwala, vice-president and senior credit officer at Moody's. "Declining interest rates will start to pressure banks' net ...
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September 11th, 2005 - 06:40 GMT

“The Banker” names NBK Best Bank in ME for 2005

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