Wednesday, May 2, 2018

GCC 's Banks Edge Back To Profitability As Oil Prices Rise

GCC's banks recorded a 4.4% growth in assets last year, thanks to increased lending to government and other entities. A report by consultancy KPMG noted that the overall net profit of the banks in the region rose by 6.7 per cent year-on-year, a return to growth in profits after a decline in the previous ...
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