Tuesday 30, May 2017 by Nabilah Annuar

Overall effect of IFRS 9 on financial profiles of GCC banks is manageable, says S&P

The impact of International Financial Reporting Standard (IFRS) 9 "Financial Instruments" on the financial profiles of the rated banks in the Gulf Cooperation Council (GCC) will be manageable, according to a recent report by S&P Global Ratings.

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